As the leaves change and Thanksgiving draws near, November is more than just a time for turkey; it’s a prime chance to evaluate your investments before the year ends. With the holidays approaching and only a few weeks remaining in the calendar year, now is the moment to make smart decisions that can influence your taxes, retirement savings, and long-term financial goals. At Strojny Financial Services, we believe the season of gratitude is also an ideal time to appreciate your future self by investing wisely and reviewing your financial plan.
Harvest Tax Losses (and Gains)
Just like farmers harvest the last of the fall crops, investors can “harvest” losses to lower their tax bill. Selling underperforming investments can offset gains or even decrease taxable income.
But be cautious: Watch out for the wash sale rule, which prevents you from claiming a loss if you repurchase the same or a substantially identical investment within 30 days.
Review Your Portfolio Allocation
Before the year ends, revisit your investment strategy:
• Is your portfolio still aligned with your goals?
• Have major life changes shifted your risk tolerance?
• Do you need to rebalance between stocks, bonds, and cash?
Market conditions evolve, and so do your circumstances. A quick review can prevent long-term drift from your financial objectives.
As you look toward 2026, now is a perfect moment to reflect:
• Did you meet your savings and investment goals this year?
• Are there adjustments you want to make?
• Do you need to prepare for major expenses or life changes?
Even a brief check-in now can lead to smarter decisions later.
Warm Up to Your Wealth Strategy
November is more than just the countdown to the holidays; it’s a valuable opportunity to act. Your financial future deserves the same focus as your holiday plans. At Strojny Financial Services, we’re here to help you finish the year on a high note and set the stage for a prosperous new year.
All investing involves risk, including the possible loss of principal. There is no assurance that any investment strategy will be successful. Past performance is not a guarantee of future results.