Optimize for Taxes and Fees

Optimize for Taxes

It can be a huge benefit if you can trade within a 401k account to avoid paying taxes on the growth of your account over many years.

If you can't trade within a retirement account, still consult your tax advisor to see if the capital gains from the sale of stock options can offset passive activity losses that you may incur from other investments such as rental properties.

Optimize for Fees

Always check with your brokerage to make sure you're on the billing plan that is best for your account. You can always request lower fees or commission-free trading.