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Walmart stock drops 9% as sales growth slows, customers make 'trade-offs' amid high fuel costs Yahoo FinanceWalmart stock tumbles 9% after outlook disappoints Wall Street CNBCWalmart Adds to Wall Street Pressures With Weak Sales Growth WSJWalmart promises price cuts after $2.9 billion tariff refund CNN
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Here's what's behind the bond market roller coaster The Washington PostOpinion | America Is About to Get More Expensive The New York TimesThe bond market is signaling trouble ahead. This is why you should pay attention NPRWhy High Yields on Government Bonds Are Causing Alarm Bloomberg.comWhat are bonds, and why is everyone talking about them now? NBC News
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Even after coming out from bankruptcy, the shopping network must face a high-profile lawsuit from one of its longtime partners.
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As high gas prices squeeze shoppers, the retailer says the federal refund will fund price cuts and customer experience investments.
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Editor's note: This is part six of a seven-part series. It dives more deeply into the second strategy for defusing a retirement tax bomb, implementing asset location. If you missed the introductory article, you may find it helpful to start here.
Most investors have heard of asset allocation, but asset location is another story - and it could help investors with large tax-deferred savings reduce their tax bills in retirement.
SEE MORE When It Comes to Your RMDs, Be Very, Very Afraid!
Asset allocation refers to how a portfolio is allocated to various asset classes that have different historical investment returns and standard deviations. The simplest example is a stock-bond allocation, such as a 60% stock, 40% bond allocation, which is a common allocation for retirees. But there are dozens of more granular asset classes that can be managed as well, for example, U.S. large cap stocks or international small cap value stocks. Asset allocation is critical to effectively diversify your portfolio and reduce risk.
Asset location is different portfolio management strategy: one that few clients I meet have heard of. Few financial advisers implement it as well. Asset location seeks to minimize taxes by placing different asset classes in specific tax buckets (taxable, pre-tax, tax-free).
Putting Asset Location into Practice
In a nutshell, here's how asset location works:
Typically, you want to place investments with low expected returns, such as bonds, into tax-deferred accounts.Place investments with high expected returns, such as small value or emerging market st
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