So once again I come for an opinion from those who are deeper on these stock strategy topics than I am..
I have been working with an actual professional financial planner and they brought up one tool they wanted to talk about that made my "something seems fucky here" sense go off.
A managed fund they run to essentially operate like an index fund with similar returns while also maximizing a tax loss farming strategy to bring down overall tax obligation for other moves I make which will generate large capital gains hits. Is this a real thing? It's being recommended by a large, well known, name in financial planning, but just seems like some slightly dodgy fuckery going on. I'm probably going to be moving a large amount of capital out of an over-concentrated position over the next 2-4 years, so the idea here was to play a strategy of generating and harvesting tax losses to offset as much of the gains as possible. But in my head that means losing a ton of money??