william the wie
Gold Member
- Nov 18, 2009
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I was wondering what theories are drifting around out there to account for the lack of adding to tax efficient accounts?
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I expect you are right.Maybe because tax rates have been reduced, there is less incentive to invest in tax efficient accounts. I do most of my trading in a self-managed IRA to avoid tax issues until I have to take the Required Minimum Distribution each year. In the taxable account, I sell a losing investment each year to keep the net profit and hence tax bite down.