| Might be nice to be able to include crypto relevant stocks or funds. Might be beyond your scope, but any tax estimates regarding sale decisions is always helpful, and can save some grief. That is a serious request, though I don’t recommend anyone else doing this. But the legitimate context here is a crypto tool, so here is my use case: Microstrategy’s market cap reflects a growing fortune in Bitcoin, as well as its business value. The result is it’s share price can both magnify & buffer Bitcoin changes on different time scales. (If anyone does ever invest in anything highly volatile, I recommend (1) you don’t, (2) if you do, learn everything you can about the security, market, political, social, technological, and key player contexts, (3) constantly pay attention to changes in context & events, (4) only do this with a small fraction of your money, and if you lose it - stop!) That being said, IRA’s, with their lack of tax implications, vastly simplify investment change decisions, by removing tax timing and loss issues. This is tremendously helpful for volatile type investments, because transaction timing constraints and house vigs (taxes) both significantly magnify risks. I really wish there was a time-agnostic way to invest for taxed accounts. Like taxes that reflected the time between a purchase & sale so that taxes did not create perverse incentives for timing purchases or sales. Dancing around non-neutral tax implications creates a terrible drag on performance & adds headaches to straightforward rational value analysis. TLDR: Don’t read anything I wrote! Max out your tax protected retirement plans every year, and invest all funds cautiously and diversely! And thanks for sharing your project! |