Investing outside tax-advantaged accounts

On May 6, 2019, from T. S….. S….. DDS, Ontario, Canada


Is your portfolio setup also effective in a non-registered account? That is, one in which the tax advantage has been removed?

Cheers and Thanks

Monday Morning Millionaire Program Answer:

Investing within the framework of the habits of the highly effective investors is the best way to go in any account.

Having said that, please note that all investors should top up all tax-advantaged accounts before investing outside these. Over the course of an investment lifetime, investing in a tax-advantaged account can make a positive difference of hundreds of thousands of dollars compared to investing any other way.

Tax-advantaged accounts generally do not allow selling cash-secured, uncovered puts — a minor shortcoming. Only when all tax-advantaged accounts are fully topped up should investors consider placing money in other types of accounts.

Dr. Milan Somborac

The Monday Morning Millionaire Program supports do-it-yourself (DIY) investors which I have been for over 50 years. About my team and me

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