Amid rising inflation, here's how to save on taxes and survive a stock market slump

Stock market investors last month endured their first sizable decline since the early days of the pandemic, and most heard a familiar refrain from advisers, investment firms, the financial media and others:

Hang tight.

Don’t overreact.

Don’t do much of anything.

That’s generally good advice, as it can keep investors from making drastic shifts that they might regret later. Timing the market isn't easy.

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