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Myth Financial Advisor


Michael E. Gerber Companies

Financial Advisor


The E-Myth Financial Advisor

Array (Hardcover) Michael E. Gerber Companies 2011-05-06

Condition: New
Notes: BRAND NEW FROM PUBLISHER! 100% Satisfaction Guarantee. Tracking provided on most orders. Buy with Confidence! Millions of books sold!
ISBN13: 9780983500155


Price: $24.95

Annuities - Variable Annuity Myths:Find A Financial Planner


John Pollock Financial, Phone # 972-396-0449, John Pollock is a Dallas Financial Advisor. www.johnpollockfinancial.com It's hard to find a ...


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  • VOICES: Steven Lugar, on a Tax Deferral Myth - Financial Adviser - WSJ

    Over the years I’ve frequently heard clients repeat bad advice they’ve been told by other advisers. One of the classic investment myths centers on tax deferral. While tax deferral can be an incredibly powerful force in the effort to build net worth, making investment decisions just to defer taxes can actually result in a worse result for a client over a lifetime.

    We often have clients come to us with portfolios of several million dollars, whose prior advisers placed their stock investments in tax-deferred accounts and then purchased municipal bonds in the taxable account. (Most of our clients have a very high marginal rate.)

    By all appearances they have a tax-efficient portfolio. At least they think they do. But as every municipal bond investor knows, there’s no magic with tax-exempt income, it’s just that the municipality simply pays in a lower yield than the comparable taxable bonds. So one way to look at it is the investor pays a tax on the front end, by earning a lower yield than the taxable bond of an equivalent maturity and credit quality.

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