Andrii Dodonov/iStock via Getty Images Raul Shah of DocShah Financial is sharing tax planning strategies that he says could save investors substantial money over time—potentially more than $100K in a single decade. In a recent episode of the Seeking Alpha podcast “Investing Experts,” the tax expert introduced the concept of asset location, which he describes as “putting your investments in the rig...
Andrii Dodonov/iStock via Getty Images Raul Shah of DocShah Financial is sharing tax planning strategies that he says could save investors substantial money over time—potentially more than $100K in a single decade. In a recent episode of the Seeking Alpha podcast “Investing Experts,” the tax expert introduced the concept of asset location, which he describes as “putting your investments in the right accounts to pay the least in taxes.” The strategy hinges on understanding how different account types are taxed. Traditional individual retirement accounts are tax-deferred, meaning withdrawals are taxed at ordinary income rates. Brokerage accounts benefit from lower long-term capital gains rates. Roth IRAs offer tax-free growth and withdrawals. Shah recommends placing slow-growth assets like bonds ( AGG ) and treasuries ( TLT ) in traditional IRAs, since those accounts will be taxed at the highest rates. High-growth assets like growth stocks ( VUG ) should go in Roth IRAs where gains accumulate tax-free. Tax-advantaged investments like municipal bonds ( MUB ) belong in brokerage accounts. Using a hypothetical $900K portfolio split equally across three account types—$300K each in a brokerage, traditional IRA, and Roth IRA—Shah demonstrated the dramatic difference strategic placement can make. In the unoptimized scenario, an investor placing S&P 500 index funds ( SPY ) ( VOO ) in their traditional IRA, Nvidia ( NVDA ) stock and treasuries ( TLT ) ( TLH ) in their brokerage, and corporate bonds ( IGIB ) in their Roth IRA would pay approximately $308K in taxes over 10 years. But by relocating those same investments strategically—moving bonds ( AGG ) and treasuries ( TLT ) to the traditional IRA, shifting the S&P 500 ( SPY ) and municipal bonds ( MUB ) to the brokerage account, and placing high-growth stocks like NVDA in the Roth IRA—the 10-year tax bill drops to $193K. That’s a savings of $115K, or roughly $11.5K annually. For dividend-paying stocks, Shah noted the placemen...
Getty Images Executive summary The Fund returned 2.46% (IS share class) during Q1 vs. 2.10% for the Russell 1000® Value Index. Over time the Fund seeks outperformance through access to two primary sources of alpha: equity income security selection and an index-based overlay. Stock selection within the equity income security sleeve contributed most to relative performance during the quarter. For th...
Getty Images Executive summary The Fund returned 2.46% (IS share class) during Q1 vs. 2.10% for the Russell 1000® Value Index. Over time the Fund seeks outperformance through access to two primary sources of alpha: equity income security selection and an index-based overlay. Stock selection within the equity income security sleeve contributed most to relative performance during the quarter. For the equity income security selection, the largest overweights are currently in financials, healthcare, and energy. Market Environment In the US, equity markets delivered negative returns during the quarter, with the Dow Jones Industrial Average® declining 3.19% and the Nasdaq 100® Index falling 5.82%. US fixed income markets were broadly flat over the period. Geopolitical developments in the Middle East, including the effective closure of the Strait of Hormuz, contributed to heightened market volatility and increased downside risks later in the quarter. Against this backdrop, the US economy remained relatively resilient. The Federal Reserve held rates steady as inflation eased from 2.7% year-over-year in December to 2.2% in February. Labor markets remained solid, with payroll growth rebounding after a weaker December reading and unemployment edging down to 4.2%. Consumer data were mixed: sentiment fell to a multiyear low in January before improving through March, while retail spending softened and then stabilized. Meanwhile, manufacturing remained in contraction, highlighting persistent weakness in the industrial sector. The US dollar declined against a basket of major currencies. The S&P 500® Index declined 4.33% for the quarter. Within the Index, six of the 11 Global Industry Classification Standard (GICS®) sectors finished in positive territory, led by energy and materials. Value stocks outperformed growth stocks. Among other major equity benchmarks, the MSCI EAFE® Index, a measure of developed markets excluding the US and Canada, decreased by 1.24%, while the MSCI Emergin...
Coastal GasLink , a pipeline project in Western Canada, is readying a two-part bond sale to raise C$1 billion ($720 million), according to people with knowledge of the matter. The shorter portion of the high-grade bond sale is set to mature in 11.25 years and the size is around C$300 million. Initial pricing talk is around 1 percentage point more than government benchmarks, the people said, asking...
Coastal GasLink , a pipeline project in Western Canada, is readying a two-part bond sale to raise C$1 billion ($720 million), according to people with knowledge of the matter. The shorter portion of the high-grade bond sale is set to mature in 11.25 years and the size is around C$300 million. Initial pricing talk is around 1 percentage point more than government benchmarks, the people said, asking not to be identified as they aren’t authorized to speak publicly. The longer part of the bond will raise around C$700 million and mature in about 19 years. Initial pricing is being discussed at around 1.15 percentage point more than government bonds, according to the people. Coastal GasLink in 2024 sold what was then the largest Canadian-dollar corporate bond to finance the pipeline, which transports natural gas from the Montney shale formation in Western Canada to the Shell-led LNG Canada terminal on the British Columbia coast. The firm is working on the Cedar Link expansion, which connects to a smaller export facility in the same area. The consortium behind LNG Canada is currently mulling a decision to build a second phase for that complex in British Columbia. If it goes ahead, the second phase would double LNG Canada’s capacity. Coastal GasLink’s bond sale will likely hit the market as soon as Thursday, around the time that investors are expecting to receive large coupon payments from maturing Canadian bonds, the people said. A representative for TC Energy , operator and co-owner of Coastal GasLink, didn’t immediately respond to a request for comment. Other owners include KKR & Co. and an Alberta pension fund.
NVIDIA Corp. (Nasdaq: NVDA) CEO Jensen Huang recently made a surprising prediction when he called Marvell Technology (Nasdaq: MRVL) the next trillion-dollar company. The billionaire tech tycoon made the remark during a keynote presentation with Marvell CEO Matthew Murphy at ...
NVIDIA Corp. (Nasdaq: NVDA) CEO Jensen Huang recently made a surprising prediction when he called Marvell Technology (Nasdaq: MRVL) the next trillion-dollar company. The billionaire tech tycoon made the remark during a keynote presentation with Marvell CEO Matthew Murphy at ...
Amazon has struck a deal with the NLRB that should end the question whether it’s a joint employer with its DSPs. The post Amazon scores big win at NLRB over whether it’s a joint employer with DSPs appeared first on FreightWaves.
Amazon has struck a deal with the NLRB that should end the question whether it’s a joint employer with its DSPs. The post Amazon scores big win at NLRB over whether it’s a joint employer with DSPs appeared first on FreightWaves.
Ray Dalio said the United States has crossed a debt threshold from which it cannot return, and the Federal Reserve may soon be forced into a 1930s-style policy of holding interest rates artificially low. Speaking at the Forbes Iconoclast Summit, the Bridgewater Associates founder told Bloomberg’s Dani Burger that $7 trillion in federal spending against $5 trillion in revenue is squeezing the econo...
Ray Dalio said the United States has crossed a debt threshold from which it cannot return, and the Federal Reserve may soon be forced into a 1930s-style policy of holding interest rates artificially low. Speaking at the Forbes Iconoclast Summit, the Bridgewater Associates founder told Bloomberg’s Dani Burger that $7 trillion in federal spending against $5 trillion in revenue is squeezing the economy “like plaque in the arteries.” The Bond Market Test Dalio said long rates are already rising rela
Aryna Sabalenka would not say it, but there is an inescapable feeling she has let another golden Grand Slam opportunity slip after her shock French Open loss.
Aryna Sabalenka would not say it, but there is an inescapable feeling she has let another golden Grand Slam opportunity slip after her shock French Open loss.
Affirm's Google Deal Aims for Your WalletAffirm (NASDAQ:AFRM) Chief Financial Officer Rob O’Hare said the company is pursuing a bank charter primarily to diversify its funding base and bring more of its existing infrastructure in-house, while emphasizing that Affirm itself is not
Affirm's Google Deal Aims for Your WalletAffirm (NASDAQ:AFRM) Chief Financial Officer Rob O’Hare said the company is pursuing a bank charter primarily to diversify its funding base and bring more of its existing infrastructure in-house, while emphasizing that Affirm itself is not
Ulta Beauty and an Ultimate Entry: Price Resets After Profit MissUlta Beauty (NASDAQ:ULTA) reported double-digit sales and earnings growth in the first quarter of fiscal 2026, with management citing broad-based gains across channels and major merchandise categories, stronger gros
Ulta Beauty and an Ultimate Entry: Price Resets After Profit MissUlta Beauty (NASDAQ:ULTA) reported double-digit sales and earnings growth in the first quarter of fiscal 2026, with management citing broad-based gains across channels and major merchandise categories, stronger gros
Defense secretary’s latest interposition resulted in all-male, overwhelmingly white picks for promotion to admiralty US politics live – latest updates The US defense secretary, Pete Hegseth , stripped nine navy officers including women and Black service members from a promotion list last month, according to a person familiar with the matter, resulting in an all-male, overwhelmingly white slate of ...
Defense secretary’s latest interposition resulted in all-male, overwhelmingly white picks for promotion to admiralty US politics live – latest updates The US defense secretary, Pete Hegseth , stripped nine navy officers including women and Black service members from a promotion list last month, according to a person familiar with the matter, resulting in an all-male, overwhelmingly white slate of 22 advancing as nominees to become one-star admirals. Hegseth’s unusual intervention violated promotion rules designed to be merit-based and apolitical, the New York Times said on Tuesday , and extended the Trump administration’s push to eliminate diversity, equity and inclusion (DEI) in the military. Continue reading...