I am trying to figure out what to put into my personal investment acct (not tax defer)
According to my 2003 TurboTax return, my effective tax rate is 16%
For a fund that's actively managed (compare to index fund), I assume there'll be more buying and selling, thus more realized gain, and eventually dividend and proceed for distribution at end of year, and taxable
For non tax defer account, what's the best investment strategy? index fund or active manage fund?
Thanks!
According to my 2003 TurboTax return, my effective tax rate is 16%
For a fund that's actively managed (compare to index fund), I assume there'll be more buying and selling, thus more realized gain, and eventually dividend and proceed for distribution at end of year, and taxable
For non tax defer account, what's the best investment strategy? index fund or active manage fund?
Thanks!