Tax-saving benefits of asset location
Asset location is a tax minimizing strategy that involves finding the most tax-effective accounts for your investments. Unfortunately, too many investors fail to tax plan. In my experience, the number of people who pay more income tax than they have to is as high as 90 per cent. Many of those same people wish there […]
Making your investment portfolio more profitable with tax planning
The number one goal of investing is to focus on your after-tax return. For example, if your return on investment is 5 per cent, that is just the beginning. If you pay 1 per cent in income taxes then your after-tax return is 4 per cent. It is important to focus on your after-tax return. […]