Use FIFO or LIFO with investment accounts?

Today we're talking about how to account for the positions that you buy inside of your investment accounts by using the fifo or lifo method. We will explore the different tax advantages of using the fifo method if you're a long-term investor or the lifo method if you're more of a short-term investor with a long-term Focus. Many investors and Traders do not take advantage of this simple adjustment they can make in their trading account to Potentially pay less taxes over the long run.

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