I have a good friend who’s a personal trainer. He often talks to me about proper nutrition. Last time we spoke he was singing the praises of eating 25 grams of fibre daily. I’m actually very good about eating properly. In fact, I ate so much fibre yesterday that I’m a little concerned I might pass wicker furniture if I’m not careful. Proper nutrition is not something you have to focus on. But if you ignore it, you’ll suffer for it later.
Tangling with the taxman over lossesYou've been reassessed. Now what?Getting ahead with ‘tax alpha’Active tax management (ATM) around your investment assets is much the same. I spoke last week about the value you can add to your investments over time through the minimization of taxes. ATM is not something you have to focus on, but if you ignore it, you’ll suffer later. I shared last week that studies have shown you can potentially add 2 to 3 per cent to your after-tax returns annually through proper ATM.
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