This week, some of the market’s biggest leaders—particularly AI and semiconductor stocks—pulled back after earnings from Broadcom failed to impress investors. When the market’s “generals” stumble, the rest of the troops often follow, and that’s exactly what we saw.

One topic that came up this week was capital gains taxes. The reality is simple: You have to make money before you can pay taxes on it.

Nobody enjoys writing a check to the IRS, but paying taxes on gains usually means your investments have done their job. The goal isn’t to avoid every tax bill—it’s to grow your wealth responsibly over time.

That’s why having a sound selling strategy is so important. Most investors spend all their time thinking about what to buy.

In reality, knowing when to sell is often more important than knowing when to buy.

Good selling rules can help: • Protect profits • Limit losses • Remove emotion from investing • Keep you aligned with long-term goals

Anyone can buy a stock. Successful investors know when it’s time to let one go.

New market updates weekly.

Disclaimer: This content is for educational and informational purposes only and should not be considered investment advice or a recommendation to buy or sell any security. Investing involves risk, including loss of principal. Advisory services offered through BF/Anderson & Co.