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Article

The 50% Rule: Keep More Profit in Your Wallet

Stuart E. Lucas and Alejandro Sanz
The Journal of Wealth Management Fall 2017, 20 (2) 23-28; DOI: https://doi.org/10.3905/jwm.2017.20.2.023
Stuart E. Lucas
is chairman of Wealth Strategist Partners LLC and an adjunct professor of finance in the Booth School of Business at the University of Chicago in Chicago, IL. stuart@wspcio.com
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Alejandro Sanz
is an investment analyst at Wealth Strategist Partners in Chicago, IL. alejandro@wspcio.com
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The Journal of Wealth Management: 20 (2)
The Journal of Wealth Management
Vol. 20, Issue 2
Fall 2017
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The 50% Rule: Keep More Profit in Your Wallet
Stuart E. Lucas, Alejandro Sanz
The Journal of Wealth Management Jul 2017, 20 (2) 23-28; DOI: 10.3905/jwm.2017.20.2.023

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The 50% Rule: Keep More Profit in Your Wallet
Stuart E. Lucas, Alejandro Sanz
The Journal of Wealth Management Jul 2017, 20 (2) 23-28; DOI: 10.3905/jwm.2017.20.2.023
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  • Article
    • Abstract
    • THE 50% RULE FOR TAXABLE INVESTORS
    • TAXABLE INVESTORS ARE DISADVANTAGED RELATIVE TO TAX-EXEMPT INVESTORS
    • A WORD ON INFLATION AND INTEREST RATES
    • IMPLICATIONS FOR INVESTMENT STRATEGY
    • IMPLICATIONS FOR ADVISORS AND THEIR INCENTIVES
    • CONCLUSION
    • ENDNOTES
    • REFERENCES
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