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Ask Paula: How Do I Invest For My Parents' Retirement?
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Is There a Tax Shelter for Your Investments?
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If we have a have a brokerage account, and our fund pays a dividend, or we sella thit, we've a capital gain, well then we're gon to pay tax on that. So i do like sheltering some of that money. And the thing that i wonder about with this investment strategy is, if for some reason something happens to michael and he can't help them any more, does his parents have the ability to continue to manage the investments? It strikes me that there are two components to that. There's the tactical and then there's the psychological, or behaviorly,. Yes, they might panic during a market decline, which is something that we see a lot
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