问题1:5000000在Taxable account 中分配时,优先选股票这没问题,P165图表中PASSIVE EQUITY Pre tax/After tax为 8.0%/8.0%;Active equity Pre tax/After tax为 10.0%/7.0%, 对比after tax return 明明passive 的8.0%大于active 的7.0%。为什么5000000不全投passive?
问题2:taxable account 处理完,在处理TDA账户时,分析2200000的股票如何投资时,为什么又只看税前收益,而选择Active?