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Money with Murphy - The Cost of Success: Rethinking Capital Gains Taxes

June 16, 2026

The Cost of Success: Rethinking Capital Gains Taxes

June 16, 2026
Kara Murphy, CFA

No one likes paying taxes, but that check to the IRS is often a sign your investments are doing exactly what they’re supposed to. In today’s increasingly concentrated market environment, avoiding taxes can come at the cost of taking on unintended risks. In this week’s Money with Murphy, Kara reframes how to think about capital gains and why disciplined portfolio management matters more than tax avoidance.

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