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Return of premium can be tax free but won't happen until you have the policy for a long time. They are essentially just giving you early access to your own money.Īnd dividends are "benefit refunds" not income Sure but it reduces any future payout unless repaid. That isn't tax advantaged that is normal taxes.īut you can take a tax-free loan against those gains if you want to access them
The salesperson sold them on the tax-advantages (only gains are taxed, Yes there is tax drag but it isn't much and certainly not enough to justify an overpriced toaster-lawnmower. If you buy and hold tax efficient assets th tax drag is very minimal (0.3% for VTI if in 22% bracket last year = $3 per $1,000 invested). Keep in mind a taxable brokerage account is not the devil. The structures are intentionally overly complex to make any such determinations very difficult to make as you are now finding out. They aren't scams like a ponzi scheme or fake microsoft tech support are scams they are just terrible like a combination toaster-lawnmower which sucks as both a lawnmower and toaster and costs 5x as much as just buying a lawnmower and toaster. Guidelines: Be civil and substantive presume good faith. No one knows what the future holds, but avoid learning the hard way by diversifying. But if you had invested in the best performing markets and sectors during the 2000s, you'd have had a rough time during the 2010s. We've all been where you are - the appeal of recent outperformers is extremely tempting. If you're at a loss for where to begin, start with a Target Date fund and learn the basics of investing before you start tilting away from a broadly diversified global portfolio. The bottom line is this: global equity investments increase diversification and as of the time of this sidebar update, international stocks are relatively inexpensive compared to US ones.īe extremely wary of buying high, which can lead to selling low. Start by reading about three-fund portfolios, consider the diversification benefits of ex-US holdings, and for a simple graphical demonstration of rotating winners, check out this chart. a lot of investors are asking about US large, tech and growth stocks, a performance-chasing approach following a familiar pattern: people gravitate to what is popular.
Global Stock Diversification (US + Intl)Ĭonsidering a tilt toward US/growth/tech?.r/bogleheads is not affiliated with the JCBC. Bogle Center for Financial Literacy, a 501(c)3 organization. “Bogleheads” is a registered trademark of the John C. Set and forget your nest egg, tune out the noise buy, hold and rebalance get outside, enjoy life! This philosophy is about making smart decisions for the long haul and sticking with your strategy through times of fear or irrational exuberance. While it means different things to different people, the 'Bogleheads' (or: passive indexing) approach to investing is all about low-cost, tax-efficient, long-term simplicity.
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