An Introduction to Tax-Efficient Investing
This article was originally published on Personal Finance, Investing, & Career | Cash Money Life at An Introduction to Tax-Efficient Investing.
When first jumping into the world of investing, it can be easy to forget that you will have to pay taxes on any investment income that you make. After all, you got into investments in order to grow your wealthnot pay taxes. But since taxes are one of the two things you can count on in life, its best to plan your investment strategy around Uncle Sams cut. Using such a strategy is called tax-efficient investing, and it can help you to hold on to more of your investment income.
What Is Tax-Efficient Investing?