FYI: After tax season, when they realize exactly how much they paid at home, a number of my friends, colleagues and clients asked me what they should do to reduce their burden next year. While I'm not a tax professional, I certainly pay attention to tax rules and rates regarding investing.
My short answer to their question was: Create a portfolio of low-fee, thoughtfully constructed stock index mutual funds or exchange-traded funds. Yet not all of them do the job for you. Here's how to find the right one.
Regards,
Ted
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