Today we’re going to use a simple strategy to (legally!) beat the tax man. The key is a (too) often-ignored group of funds whose dividends are beyond the reach of the IRS.
The low-risk assets behind this income stream really should be part of any income investor’s portfolio. And the three funds we’ll discuss, which yield up to 7.3%, are a great place to start. Thanks to their tax-free status, their “real” yields will likely be considerably more for us.
This post originally appeared at Contrarian Outlook.