Tax-Smart Investing
Tax loss harvesting is one such strategy used to minimize capital gains. This is accomplished by selling an investment position that is down to offset capital gains elsewhere in the portfolio — potentially lowering your tax obligation for that year.
By automating this process, your Mayflower wealth manager can harvest losses at a much higher frequency and efficiency.
Nitrogen Risk Number
A common first step to getting you invested is finding your Risk Number. Take 3 minutes to answer our questionnaire that covers topics such as portfolio size, top financial goals, and what you’re willing to risk for potential gains. Then we will pinpoint your exact Risk Number to guide our decision-making process.
After finding this Risk Number, we will typically craft a portfolio that aligns with your personal preferences and priorities, allowing you to feel comfortable with your expected outcomes. The resulting proposed portfolio will include projections for the potential gains and losses we should expect over time.
We can also review your progress toward your financial goals by building a Retirement Map. When we are finished, you’ll better understand what we can do to increase the probability of success.