An Ode to Lee Sedol & Groucho Marx
There is an opportunity for reducing tax burden in taxable investment accounts when you are ready to start selling shares. The goal of this post is to share a method for minimizing the tax burden associated with selling shares in a taxable account. In this exploration, I am going to focus on long term holdings…
An interesting problem that I perceive exists in selecting a fixed income instrument is whether or not it makes sense to wait for a better instrument some time in the future. For instance, if interest rates are likely to go up, and some new certificates of deposit with better rates are likely to become available…
401(k) plans are a common retirement savings vehicle for people employed in the private sector in the United States. There are tax incentives for contributing to a 401(k) offered by the US government. The IRS has a great synopsis and more resources than you would ever want to dig through regarding the 401(k). A key…