Invest in growth stocks and growth mutual funds.
By putting your money into growth funds, you will achieve capital gains rather than ordinary income.
The fewer times you sell and reinvest, the more money you can keep invested in the market instead of having to use part of your gains to pay taxes.
Also, long-term capital gains are taxed at favorable rates, while dividends, interest, and short-term capital gains are taxed at your highest rate.
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If you want the best in tax advice please see my blog at
LarryLaveTaxman@blogspot.com or email me
LarryLaveTaxman@gmail.com
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If you want the best in tax advice please see my blog at
LarryLaveTaxman@blogspot.com or email me
LarryLaveTaxman@gmail.com
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