Wait, you’re telling me there’s a way to avoid capital gains taxes? 🧐
They say the only things certain in life are death and taxes, right? Well, that might not quite be right. A new tax strategy has been emerging due to improved technology, reduced trading costs, and the use of statistical probabilities. It's complex, but in my new article, I try to demystify why and how it works. The bottom line is this: What if it were possible for regular people to grow a long-term portfolio that tracks an industry benchmark like the S&P 500, but then make retirement withdrawals for living expenses without paying capital gains taxes? Does that sound like alchemy? Read more in my introduction to long-short direct indexing.