PDI - Location Location Location: Where You Place Your Assets Matters
Location, Location, Location!
The most well-known saying in real estate investing is "location, location, location." The same could be said about where you place a security in your portfolio. The bite of taxes can be significant and we believe that most investors tend to look at gross returns rather than calculate net after-tax returns. After all, it is not what you earn, it's what you keep!
Most investors and advisors spend countless hours covering asset allocation with a focus on diversification and modern portfolio theory acronyms. But the rise of tax-deferred accounts in the last