Dec 18, 2013
The most under-understood word in the investment world by retail investors and advisors. Two reasons: Advisors are not compensated to understand or teach the principle/concept because of the conflict of interest with the "house". Secondly, read the part in the definition, "by their clients" and you start to get the picture. It's not your asset any more! Qualified plan assets are not bankable for the account holder either due to the IRS lien on YOUR money. Maybe we should talk to congress about getting our money out of jail? Wanna pay tax on the seed or the whole crop anyway? Give yourself a gift and pass this on to your CPA or advisor so we can coach them on making 2014 a better/safer year for you.