Consider the impact of taxes on your investment returns from "summary" of John Bogle on Investing by John C. Bogle
When investing, it is essential to keep in mind the impact that taxes can have on your investment returns. Taxes can erode the returns on your investments, reducing the amount of money you ultimately take home. Therefore, it is crucial to be mindful of how different types of investments are taxed and to consider the tax implications when making investment decisions. One important consideration is the difference in tax treatment between different types of investments. For example, investments held in a regular brokerage account are subject to capital gains taxes when they are sold. On the other hand, investments held in tax-advantaged accounts like IRAs or 401(k)s may be subj...
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