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The Benefits of a Written Financial Plan
The power of a written financial plan is not just during a bear market, but it gives you the confidence to know that you're going to reach your goals. And probably one of the best things Katie and I ever did was get a written financial plans together. A 401k is essentially a tax protected plan. So buying and selling there's no tax consequences. The dividends that come out of the interest comes out every year,. You don't have to pay any taxes on those.