Welcome to the Bogleheads® wiki, a collaborative undertaking by members of the Bogleheads Community. This wiki is a reference resource for investors. Bogleheads emphasize starting early, living below one's means, regular saving, broad diversification, and sticking to one's investment plan.
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Tax-efficient fund placement is an issue facing investors holding both tax-advantaged and taxable accounts. The tax code recognizes different sources of investment income which are taxed at different rates, or, are taxed at a later time (tax "deferred"). An asset's tax efficiency (the impact of taxes on an investment) is affected by both its expected return and the tax rate on such return.
All investors must pay their fair share of taxes. This article describes how to minimize taxes through appropriate placement of investments in tax deferred or taxable (pay taxes now) accounts. (more...)
This week in financial history
- 1659 - The earliest modern British cheque was made payable to Mr Delboe for the grand sum of £400, or roughly £48,000 in today’s money. It was dated "16th of February 1659" by merchant Nicholas Vanacker, to be drawn on City bankers Messrs Morris and Clayton. Source: 16 February 1659: the first British cheque
- 1932 - New York Stock Exchange members were prohibited from lending customers' securities after April 1, 1932, without separate authorization in writing. (Source)
- 2007 - The Bogleheads® forum was started. Source: Bogleheads® forum topic: Policy, by Phoenix.
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