This is part 2 of my conversation with John L. Grace. John Grace is president, of Investor's Advantage Corp and a registered representative with LPL Financial. The opinions expressed here are for general information only and are not intended to provide specific advice or recommendations for any individual.

In this episode, John L. Grace has experienced tough times in his past as an investor, but he’s learned a lot about how to limit his losses and make his investments more profitable. He discusses how individuals should approach tax planning in order to minimize their losses and maximize their returns. He emphasizes the importance of planning and not blindly investing in anything. He says that it is important to have a realistic perspective of your own financial situation before jumping into any investment.

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