One of my favorite things about index funds, apart from their simplicity and good, relatively predictable returns, are their tax efficiency. Index funds help investors save on taxes in the way that actively-managed mutual funds never could. I do not invest with the first thing on my mind being taxes, but taxes do come to mind earlier than most other potential issues. We all want to pay as little in the way of taxes as possible, and index funds are a great investment vehicle to help make that happen. Today, we will discuss:
1. The tax efficiency of Mutual Funds & ETFs
2. The tax advantages of Index Funds
3. How I invest to be most tax efficient
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Don’t forget to like, subscribe, and leave comments below as I would love your feedback. Be sure to check out my website (www.mnowithdylan.com) where you can get more information on my financial coaching services and more, the podcast of these shows if you are more of a listener than a watcher, and follow the show on any social media outlet (FB, Twitter, & Instagram) @mnowithdylan (Money’s No Object with Dylan Howell) [All links in description]. Tune in tomorrow to talk about index fund performance and Warren Buffett's bet on index funds versus hedge funds. Don’t forget to check-in every weekday (Monday-Friday) for new videos which will be uploaded each day at 6 a.m. CDT. Thank you, guys, for tuning into this episode of Money’s No Object. I’m Dylan Howell. God Bless!
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(Please keep in mind that I am not a financial advisor. I create these videos for educational purposes only. You and only you are responsible for the investment decisions that you make.)