From: Forbes - Personal Finance - 1:28pm - August 7, 2012Taxes are the biggest expense investors face, so it follows that comprehensive and effective tax management will have a major impact on real long term returns and accumulations. A dollar that flies off to the IRS disappears into a black hole and isn?t coming back. A tax deferred or avoided keeps those dollars at work for you to build future wealth. But, keep in mind that tax minimization is not the objective of a rational tax policy, it?s maximizing after tax return.
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Source: http://ewallstreeter.com/eight-tax-tips-for-your-investment-portfolio-4159/
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