Money nerds do what money nerds do, they grab some drinks. We get together and we like, let's say you had to design your own diversified approach. How many stocks are enough? The dow jones industrial average is comprised of 30 stocks. At a minimum, i would hold those so that you're mimicking the dow. Not my air of expertse but i've never seen it. Never, never have seen it.
#374: Andy in Palm Springs wants to create an income stream through a taxable brokerage account. What strategy should he use to minimize the tax impact of withdrawing his gains?
Jake wants investment cash flow until he’s eligible for his military pension in 10 years. Should he buy small multifamily properties right now, wait a few years and invest in syndications or should he invest in index funds through taxable accounts?
Anonymous is a US Citizen, lives in London, and can’t invest in index funds. How can he invest while reducing his risk?
Former financial planner Joe Saul-Sehy and I tackle these questions in today’s episode.
Enjoy!
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