Good discussion Chad.... and the right way -- in THIS THREAD I believe to discuss this kind of stuff... because we can have a private "insiders view" discussion and argue points etc -- BUT -- HATE THAT BIG BUTT -- then nobody else can follow along or learn from it.
And I'm not trying to tell you how to post - but I think you see what my intent is and if we - both - all - anyone - makes a point of something then we really need to have it be a readable understandable dissertation rather than just blanket statements. So, kudos to you!
I'll make one point about all of the TAX discussion. There are so many scenarios that only YOUR OWN CPA / TAX PROFESSIONAL should recommend how you handle your investments. Talk to them FIRST - and get a grip on what is best for YOUR personal situation.
It's not a one size fits all answer. Everyones age - income bracket - investment strategy etc needs to be tailor made.
For instance - everyone on here knows I've been retired for years... and my tax strategy is to minimize taxes and maximize my annual income... thus - dividends (that magic 15%) and Tax Free Muni's are what I go for.... I already own apartment complexes and other "income" producing investments, so I'm already at the max tax bracket on those... But that's a far different scenario than someone that is trying to maximize a return on a 401/IRA and that is different yet on a ROTH... and some on here don't qualify for a ROTH etc... Thus the importance to spend $300 (?) on a consultation with a pro. It can make you money and SAVE you an unexpected tax bill. The old "OOPS AND I THOUGHT I WAS BEING SO SMART" kind of oops. Or the "but I read somewhere that...." The sickening response being - "yes that's correct - but you don't qualify for...."
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