I read much about tax investment strategies regarding non-retirement accounts. It is advised to not keep bond investments in non-retirement accounts due to the tax burden. My question is so what if I pay taxes? We have no kids and no viable heirs we want to enrich. Eventually I will pay income tax on IRA withdrawals just as I now pay income tax on bond dividends from my non-retirement account. I will pay capital gains tax down the road as well on non-retirement investments (0, 15 or 20%). So what? Am I missing something other than delaying the inevitable? We have Roth and traditional IRAs as well as a large sum in non-retirement accounts.
I am a simple minded, conservative investor (70% bonds, 30% equities) with no great ambitions to outsmart Uncle Sam. I appreciate your insights.
I am a simple minded, conservative investor (70% bonds, 30% equities) with no great ambitions to outsmart Uncle Sam. I appreciate your insights.
Statistics: Posted by conservativeX2 — Wed Sep 11, 2024 2:15 pm — Replies 7 — Views 321