id	author	title	date	pages	extension	mime	words	sentence	flesch	summary	cache	txt
fsr-3996	Whitworth, Jeff	Should Investors Defer Long-Term Gains in Taxable Stock Portfolios?	2024	14	.pdf	application/pdf	7442	315	52	Should investors defer long-term gains in taxable stock portfolios? Mean (Median) Increase in After-Tax Terminal Wealth from Alternative Investment Strategies vs. Buy-and-Hold Years Invested Total Increase From Tax Savings From Diversification Panel A: Realize Losses and Defer All Gains 10 1% ( 1%) 1% ( 1%) 0% ( 0%) 20 4% ( 2%) 2% ( 2%) 0% ( 0%) 30 8% ( 3%) 4% ( 3%) 4% ( 0%) 40 13% ( 4%) 4% ( 3%) 9% ( 1%) 50 22% ( 6%) 7% ( 4%) 15% ( 2%) Panel B: Realize Gains to Offset Excess Losses 10 3% ( 2%) 1% ( 1%) 2% ( 1%) 20 11% ( 8%) 2% ( 2%) 9% ( 6%) 30 26% (17%) 4% ( 3%) 22% (14%) 40 48% (27%) 6% ( 4%) 42% (23%) 50 78% (39%) 9% ( 5%) 69% (34%) Panel C: Rebalance Entire Portfolio 10 3% ( 3%) 1% ( 1%) 2% ( 2%) 20 12% (10%) 0% ( 0%) 12% (10%) 30 32% (24%) 0% ( -1%) 32% (25%) 40 64% (44%)	cache/fsr-3996.pdf	txt/fsr-3996.txt