Investing methods, with evidence
How much of your return do you actually keep?
Tax takes more than fees, and the fixes sold hardest are worth the least. Direct answers, the arithmetic, and the sources. For investors with taxable accounts and their advisers.
Education, not advice. No products.
Who this is for
Three readers, one site
A large taxable account
Tax is the biggest cost you control. Start with what it takes and which levers pay.
See the after-tax difference An independent adviser
Sourced arithmetic you can quote to clients, and tools built on the same evidence.
For advisers A first brokerage account
The same rules apply at any size. Learn them before the gains are large.
Start with the conceptsAuthor
Fifteen years of systematic investment research. No securities named, no market views.
Product In development
See the after-tax difference
A tax-aware strategy against an S&P 500 fund: 20 years, 3 tax profiles, 16 market scenarios. Simulated, not a track record.
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