Managing Your Financial Future with Lucia Capital Group
Managing Your Financial Future with Johnny Dean and "Professor" Rick Plum, CFP® Brought to you by the advisors and investment professionals at Lucia Capital Group, a registered investment advisor. Integrating financial planning and investing decisions, designed to help you reach your own financial goals. Want the best tips on which hot stocks you should buy this week? Go somewhere else - we don't do that. It's all about planning, strategy, managing your future and taking control of your financial life. Securities offered through LPL Financial, member FINRA/SIPC.
Managing Your Financial Future with Lucia Capital Group
Asset Location: How a "Good" Portfolio Can Still Lose Money
Use Left/Right to seek, Home/End to jump to start or end. Hold shift to jump forward or backward.
There are plenty of conversations about how your money should be invested: stocks or bonds; aggressive or conservative; growth or safety, etc. But there’s another part of the equation that rarely gets the attention it deserves, and it can potentially cost you far more than a bad market year.
Did you know that you can have solid investments and a reasonable portfolio and still end up with higher taxes, less income, or fewer options in retirement simply because your money is sitting in the wrong types of accounts? Asset allocation tells you what you own. Asset location determines how efficiently it actually works for you.
How much does it matter where your money lives? And how can getting it wrong turn taxes into a long-term problem instead of a short-term nuisance? Find out from podcast host Johnny Dean and Rick “The Professor” Plum, CFP®, on this week’s episode of Managing Your Financial Future!