Tax Loss Harvesting: Here's 1 Stock I'm Selling Before the End of 2024

Source The Motley Fool

I've been a Boston Omaha (NYSE: BOC) shareholder for several years now -- since shortly after its IPO and before it was on the radar of many investors. But after 2024's extremely disappointing performance, my conviction in the stock simply isn't what it used to be. In this video, I explain why I'm trimming some of my Boston Omaha position and how a move like this can help lower my taxes.

*Stock prices used were the morning prices of Dec. 12, 2024. The video was published on Dec. 14, 2024.

Don’t miss this second chance at a potentially lucrative opportunity

Ever feel like you missed the boat in buying the most successful stocks? Then you’ll want to hear this.

On rare occasions, our expert team of analysts issues a “Double Down” stock recommendation for companies that they think are about to pop. If you’re worried you’ve already missed your chance to invest, now is the best time to buy before it’s too late. And the numbers speak for themselves:

  • Nvidia: if you invested $1,000 when we doubled down in 2009, you’d have $348,112!*
  • Apple: if you invested $1,000 when we doubled down in 2008, you’d have $46,992!*
  • Netflix: if you invested $1,000 when we doubled down in 2004, you’d have $495,539!*

Right now, we’re issuing “Double Down” alerts for three incredible companies, and there may not be another chance like this anytime soon.

See 3 “Double Down” stocks »

*Stock Advisor returns as of December 9, 2024

Matt Frankel has positions in Boston Omaha. The Motley Fool has positions in and recommends Boston Omaha. The Motley Fool has a disclosure policy. Matthew Frankel is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
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