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cover of episode The Top 10 Ten Investing Mistakes We All Make | Cody Garrett | Ep 535

The Top 10 Ten Investing Mistakes We All Make | Cody Garrett | Ep 535

2025/2/24
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Brad: 本期节目邀请到Measure Twice Money的Cody Garrett，讨论即使是经验丰富的投资者也常犯的十大投资错误。这些错误涵盖了资产配置、税收规划、慈善捐赠、家庭理财等多个方面，强调了整体财务健康的重要性。 Cody Garrett: 我将这些错误按顺序排列，从资产位置到整体健康，涵盖了人生各个阶段。首先是资产位置，即使是经验丰富的投资者，也常常忽略资产位置对税负的影响。通过将不同类型的投资分配到不同类型的账户（如税收优惠账户和应税账户），可以优化税收效率。例如，高收益股票适合放在税收递延账户或免税账户中，而税收优惠债券则适合放在税收递延账户中。 其次是投资贡献，要及时投资退休账户或其他账户中的资金，并启用自动再投资股息和资本收益分配功能，避免资金闲置。 第三是收益与麻烦的权衡，在追求高收益储蓄账户和其他账户奖励时，要权衡收益和花费的时间精力。 第四是慈善捐赠，捐赠增值证券而不是现金，可以避免资本利得税，更有效地进行慈善捐赠。 第五是家庭理财，要提前规划好对家庭成员的经济支持，区分紧急情况下的资助和机会性资助。 第六是HSA供款，要根据最新的限额最大限度地缴纳HSA供款，包括员工和雇主的供款，以及55岁以上人群的额外供款。 第七是了解IRMAA，了解IRMAA对医疗保险保费的影响及其对退休的影响。 第八是提前退休的顾虑，不要让医疗保险费用决定退休时间，可以探索ACA的选择。 第九是退休资金提取顺序，制定税收优化的投资账户提取策略。 第十是整体健康，平衡财务规划与心理健康、人际关系和身体健康。

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Brad and Cody Garrett from Measure Twice Money dive into the ten most common mistakes that even savvy investors make. They cover essential topics from asset location to maximizing health savings accounts (HSAs), emphasizing a holistic approach to financial wellness.

Key Takeaways:

  • Understanding the impact of asset location on tax liabilities.
  • Importance of auto reinvestment for maximizing investment growth.
  • Weighing the hassle versus savings in financial decision-making.
  • Strategies for maximizing charitable contributions tax-efficiently.
  • The significance of holistic wellness in financial planning.

Timestamps & Key Points: -
00:01:50 Asset Location

  • Understanding asset location and its effect on tax liabilities.

  • Choosing the right types of investments for taxable vs. tax-advantaged accounts.

00:15:46 Investing Contributions

  • Importance of logging into your accounts to avoid cash sitting uninvested.

  • Enable auto reinvestment of dividends and capital gains distributions.

00:20:29 Return on Hassle

  • Evaluate whether the savings from switching accounts justify the hassle involved.

00:24:14 Charitable Giving

  • Donate appreciated securities rather than cash to avoid capital gains tax.

  • Utilize donor advised funds for strategic charitable giving.

00:33:01 Family Giving

  • Discuss the timing of financial support for adult children, focusing on "oops money" vs. "ooh money."

00:39:23 Maximizing HSA Contributions

  • Ensure contributions match the latest limits; check both individual and employer contributions.

00:41:38 Understanding IRMAA

  • Awareness of IRMAA’s impact on Medicare premiums and its effects in retirement.

00:43:02 Early Retirement Concerns

  • Don’t let health insurance costs dictate retirement timing; explore ACA options.

00:47:25 Retirement Order of Operations

  • Develop a strategy for tax-optimized withdrawal from investment accounts.

00:52:25 Holistic Wellness

  • Balance financial planning with mental health, relationships, and physical wellness.

Action Items: - Review asset location to minimize tax liabilities. (Timestamp: 00:01:50)

  • Enable auto reinvestment for dividends in your brokerage account. (Timestamp: 00:17:57)
  • Consider the hassle vs. savings when chasing high-yield accounts. (Timestamp: 00:20:29)
  • Maximize HSA contributions according to the current limits. (Timestamp: 00:39:20)
  • Explore charitable donations via appreciated securities instead of cash. (Timestamp: 00:25:27)

Related Resources: - Measure Twice Money: measuretwicemoney.com/ChooseFI) (Resources related to financial planning)

  • Advice Only Network: adviceonlynetwork.com) (Find fee-only financial advisors)
  • Nectarine: hellonectarine.com) (Affordable financial advice)