Tax-Efficient Investing with Patrick Huey - 182

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This week’s episode is packed with practical investing wisdom and a whole lot of tax-saving strategies. I sat down with Patrick Huey, CFP®, author, small business owner, and host of History Lessons for the Modern Investor, to break down the often-confusing world of tax-efficient investing. We tackled everything from Roth vs. traditional accounts to how to actually use a taxable investing account — and even touched on one of the most underrated tools out there: the HSA. Whether you’re just getting started or you’ve been investing for years, this episode is all about helping you keep more of what you earn.

💰 This Week’s Money Talking Points:

1. How can you use a taxable investing account?
2. How do you open an IRA?
3. What should you invest in within your 401k?

⏱️ Episode Breakdown – Key Topics & Timestamps:

[04:30] Why taxes matter when investing – “It’s not what you make, it’s what you keep”

[05:30] Traditional 401ks and IRAs: benefits, downsides, and the hidden “partner” (the government)

[07:45] Who traditional accounts might still make sense for

[09:30] Why Roth IRAs are considered the “holy grail” of investing

[11:00] Building good investing habits early (yes, even $200/month matters!)

[13:30] Capital gains 101 – what they are and how they’re taxed

[15:00] What is a taxable investing account really, and why should you consider one

[17:45] Use ETFs instead for a more tax-efficient approach

[18:30] Capital gains harvesting – how to take advantage of the 0% tax bracket

[20:30] Using taxable accounts for medium-term goals like buying a home

[21:45] Asset location vs. asset allocation – understanding the difference

[23:00] All about HSAs – the triple-tax-advantaged powerhouse

[27:00] Why tax planning beats tax filing, and how to think ahead with your strategy

🔗 Resources & Mentions:

Patrick Huey’s Website: Victory Independent Planning

Patrick’s Podcast: History Lessons for the Modern Investor

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"Upbeat Forever" Kevin MacLeod (incompetech.com) Licensed under Creative Commons: By Attribution 3.0 http://creativecommons.org/licenses/by/3.0/

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