Episode 52: Tax-Managed Investing with Phillip Ramsey and Bryan Dewhurst Uncommon Wealth Podcast

If you've followed us for any length of time, you know how we feel about IRAs
and 401(k)s. They are great, but hardly the only game in town, especially if you
don't want all your money tied up until you are 59.5. That's where tax-managed
investing might come in handy. Investments are a great source of residual
income, but there is a lot of mystery and fear surrounding investments.
That's why we wanted to do a deep dive in this episode. Tax-managed investing
isn't new. It's been around for a while. But it has recently gained a lot of
popularity. As consumers and advisors become more and more tax-conscious, we
wanted to dig into this topic so you have a starting point for knowledge on what
can seem like a tricky subject.
Why would you choose this strategy (or set of strategies) in addition to an IRA
or other retirement accounts? How do taxes affect the rate of return on my
investments in a given year? Find out the answers as we tackle these questions
and more.
what you will learn in this episode:
* How to leverage tax-managed investing instead of or along with traditional
retirement accounts
* How money managers are able to mitigate tax liability within portfolios
* What tax loss harvesting is
* Why we focus on clients and hire experts to manage portfolios
* The differences between short-term and long-term holdings
* How to use dividend-paying stocks along with tax-managed investing strategies