How to Not Flush Money Down the Toilet

We kick off tax week by focusing on why long-term investing is good for more than share appreciation—it's good for your fiscal health.

Dear Fellow Expat: 

My daughter tried to go to school...

She lasted... 15 minutes. The nurse called my wife... who called me.

Any hope of going to the office today was thwarted. But along the way to school and back, I wrote this article in my head. Anyone paying taxes "late" with an extension must get their paperwork into the IRS in eight days (October 15)/.

If you're like me, you've improved your filing of equity gains and losses in the market in recent years. It takes time to improve your financial health.

So, I'll level with you... especially from what I've learned...

If you're not considering tax-efficient investing, you might as well be flushing dollar bills down the toilet.

Let me show you why time is your friend...

And one strategy you can use to avoid paying Uncle Sam money that isn't his.

Capital Gains vs. Ordinary Income: The Cage Match

Let's break this down so that my daughter can understand it. That's who I had to explain this to in the car. That's called a "captive audience."

There …