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Tax-efficient investing: 7 ways to minimize taxes and keep more of your profits

While making use of tax-advantaged accounts is a great way to minimize a tax hit, one of the easiest ways to reduce the bite of taxes is the simplest: take a buy-and-hold investing approach. (Fizkes/Dreamstime/TNS)
While making use of tax-advantaged accounts is a great way to minimize a tax hit, one of the easiest ways to reduce the bite of taxes is the simplest: take a buy-and-hold investing approach. (Fizkes/Dreamstime/TNS)
By | Tribune News Service
UPDATED:

In many cases, you have ways to legally reduce, defer or even eliminate taxes on your investment gains and keep more of your profits.

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