The Smart Ways to Be a Tax-Savvy Investor

By Anonymous

Don’t make investment decisions solely for tax purposes. But don’t ignore taxes either.

Investment pros often remind clients: It’s not how much you make that counts. It’s how much you take home after tax collectors grab their share.

“Taxes can be a major drag” on investment returns, says Christine Benz, director of personal finance at investment research firm Morningstar Inc.

Few among us enjoy thinking about taxes, especially...