While most individual investors understand the importance of asset allocation – a good thing as studies find that it accounts for 90% or more of investment returns – the author of today’s article laments that many investors do not have a similar awareness of the importance of asset location, which he describes as “placing or locating assets in the most tax-efficient account type.” To demonstrate the impact that strategic asset location can have, he outlines an example where different asset location choices end up producing a difference of over $1 million in after-tax wealth. To read more – and for a guide on where different types of securities may be best located – CLICK HERE.