Discover the tips and strategies that will help you achieve your retirement goals.

I'm your host, James Canole, and this is the podcast dedicated to helping you retire well.

It all starts right here on Ready for Retirement. for retirement.

Hi, everyone and welcome back to another episode of Ready for Retirement. I'm your host James Cannell. Today's episode is going to be about owning individual stocks and how you

can actually do better owning individual stocks, specifically from a tax

planning standpoint. So what we're going to be talking about is how can you use individual

stocks to actually enhance your long-term returns, knowing that it's not every particular

account or everyone that this will apply to, but understanding when it will. This episode was prompted

by a question from a listener, so thank you

very much for all of you who have submitted questions. I review every single one, and every single

week we'll look to respond to one of them. So this one's a good one, and it comes from a listener.

I'm going to call her Sarah. Sarah says this, my husband is 55, and I am 50. We have two teenage

sons. We have no debt other than home

mortgage. We have a cash emergency fund and two paid for rental houses. All of our remaining

money, which is approximately $2 million, is invested in low-cost index mutual funds across

Roth IRAs, 401ks, HSAs, 529s, and brokerage accounts. I've been wondering if we should be invested in individual stocks rather than mutual funds.

Would this be better for tax loss harvesting?

What are the pros and cons?

We have about 80% in stocks and 20% in bonds.

Thanks, tons.

All right.

Well, thank you for that question.

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