Slashing Taxes in Your Portfolio, with Mark Byelich and Paul Murray

Money Tree Investing

Money Tree Investing Podcast

Stockmarket, Valuestocks, Investing, Finance, Passiveincome, Wealth, Business, Personalfinance

4.6 • 658 Ratings

🗓️ 3 August 2018

⏱️ 46 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Mark Byelich and Paul Murray say the best and most advantageous bucket is the tax-free bucket.

A tax-free bucket includes things like Roth IRAs, Roth 401(k)s and the cash value of life insurance policies.

Mark and Paul, from share their thoughts with Joe Saul-Sehy, which led to an interesting discussion with the panel about:

Can you live a lifestyle and pay no tax?
Is permanent life insurance a good tax savings vehicle?
What tax strategy is most commonly overlooked or underutilized?

For more information, visit the show notes at http://moneytreepodcast.com/202

Transcript

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0:00.0	Welcome to the Money Tree Investing Podcast.
0:04.0	Stock market, wealth, personal finance, value stocks, invest in your life.
0:10.0	And welcome to all of you.
0:12.0	Hey, we've got a great interview for you today.
0:14.0	But before we get to that, have you ever wondered if there were a way that you could make money on all of the online chatter that millions of investors
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0:39.6	Head to MoneyTreepodcast.com forward slash BUZ for a link to the Buzz Index and more information.
0:46.7	We have a great interview for you today.
0:48.8	I'm going to be talking to Mark Bylick and Paul Murray.
0:51.7	They're the principles of wealth and advisory associates. And they're going
0:55.7	to be talking to us about saving money on taxes, maybe even getting to zero taxes. How would
1:02.2	you like to have the zero tax bracket? Let's say hello to Paul and Mark right now. Mark Bileck and
1:07.6	Paul Murray. Welcome to the show, guys. Great to be here. Good to be here.
1:11.2	Well, give me a story about taxes because everybody thinks about returns, but to your point
1:17.4	and what you guys are famous for is your approach to taxes. Tell me a story maybe where you
1:22.7	helped a client avoid some taxes and how it kind of changed the game for them.
1:26.2	The main thing that people don't really focus on is that the IRS is their partner.
1:32.3	And we really don't know what our partnership percentage is or what their percentage is until we retire.
1:39.3	So we have a lot of success stories that we could tell because what we effectively do is we help people to position their assets so that when they have to pull money from their retirement accounts, we minimize the amount that the IRS is going to be able to tax.
	...

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