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Harvard said that its asset location goal for liquid commodities was 8percentt.
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It is called "asset location": choosing the asset classes that should be in tax-deferred accounts and those that should be in taxable ones.
Moving right along in 2004, Allen started a company called Starcast Group which he describes as an "asset location" business that locates debtors for repossession and collection.
He sighed, "It is difficult to be perfect in terms of asset location".
Investors must also consider asset location.
Financial planners tend to ignore asset location for two reasons.
Yet a strategy that is traditionally used to reduce the tax bite — known as asset location — has become more complicated to put into practice.
Asset location means determining which securities you should have in your taxable accounts and which should be kept in your sheltered accounts, like 401 k)'s and individual retirement accounts, to keep taxes from reducing your returns.
Whatever your investment strategy, making asset location a priority now will pay dividends in the future.
Meanwhile asset location between taxable and tax-deferred portfolios gets short shrift.
While you're assessing your holdings, look, too, at asset location.
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CEO of Professional Science Editing for Scientists @ prosciediting.com