You are very abundant with your sentences.
The middle class obviously does not agree with you. If you replace the middle class with a teenager, your post sounds like a parent.
Good for you about getting an 8% dividend rate, I am stuck paying taxes on capital gains on short term profits all through this time. Even my accountant refused to help me with that.[/quote]
Well, who’s fault was that? Your accountant didn’t hold a gun to your head to tell you to buy tax unfriendly things in a post-tax account…It wasn’t like there was any hidden information about special tax treatments on dividend income for the past 8 years. So why didn’t you do it?
In an unfavorable tax environment, you would do most of your short term trades in your tax sheltered or taxed deferred account, and you would let your post-tax accounts contain the passive funds that have very little turnover and/or dividend yielding investments, so that it can compound…
In tax favorable environment, you would do the opposite and realize as much gain as you in post-tax accounts and put your passive investments into your tax sheltered account as a safety net, thinking that your tax bill now will be lower than in the future…
This isn’t rocket science…It’s sounds like poor tax planning on your part.
