How to avoid capital gains tax on stocks | Selling stocks FIFO or LIFO
Channel: Wealth Giants with Ryan
Date: 08/06/2020

Resources
 
NerdWallet Tax calculator - https://bit.ly/2AhQq7L
FIFO vs LIFO in stocks video - https://youtu.be/_Iwj-Kis0yw

Now you are probably wondering how to avoid capital gains tax on stocks and you can do this by Selling stocks by FIFO or LIFO. In this video, I will answer 3 questions and give an example on my brokerage account, Ameritrade. FIFO and LIFO are very important when selling your shares when it comes to capital gains tax stocks. in this video, I will show the lifo method for selling stocks as well as the FIFO method and a few other tricks selling stocks on TD Ameritrade. Now this will work for all brokerage accounts so don't worry if you don't us TD. Stock market investing is becoming more and more popular and it would be a shame if a lot of your gains go to taxes. This video is important for the stock market for beginners because it is fundamental. 

NerdWallet Tax calculator - https://bit.ly/2AhQq7L

Hope this helps Wealth Giants,

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Remember I am just a YouTuber posting my opinions on the internet. I am not responsible for any of your life or financial choices. The content here is strictly for entertainment purposes only!
Ryan

Intro Credit to ONdraid from panzoid

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