Three things are certain in life: death, taxes, and a couple weekly articles from The Best Interest. Today we explore the intersection of two of the most important components of personal finances, taxes and investing and why you might save thousands of dollars off your tax bill.
Jesse tackles the topic of taxes from a few different angles: the most common mistakes in understanding taxes including tax brackets, how they work and why accepting a raise can’t decrease your take home pay, the RRTTLLU framework of assessing investments and taxes, the “real returns” of different tax-advantaged accounts, and a deep-dive lesson in capital gains taxes.
Mentions:
Roth is Better Than Traditional: link
How Do Taxes Affect Stock Return?: link
15 Minutes Saving $120,000: link
How Do Tax Brackets Work?: link
Reddit Investing Question: link
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The Best Interest Podcast is a personal podcast meant for educational and entertainment. It should not be taken as financial advice, and is not prescriptive of your financial situation.