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Ron Finke: When investing, facts matter more than feelings examiner.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from examiner.net Daily Mail and Mail on Sunday newspapers.
Luke Davis examiner.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from examiner.net Daily Mail and Mail on Sunday newspapers.
The Examiner A few weeks ago, I wrote about principles and rules for selling investments. Today I deal with the issue of income tax on investments. Perhaps the most common reason offered by investors and promoted by the experts is the drag of income taxes paid upon one’s investment gains. I am a person who likes to look at all sides of an issue. Perhaps this is a leftover from law school, but I believe I had the habit earlier. First, remember that this is only an issue upon accounts that are not tax sheltered, ones we call taxable. Most investment assets of the middle class are instead held in IRA’s or other retirement accounts that will be taxed only when funds are withdrawn (if even then). ....