So in USA, in my late working years, piling up decent money, should I be buying individual stock to avoid the taxes (only paying on realized capital gains)? Even a fidelity cash fund pays a decent 4 percent, but gets a quarter of the gain given up in taxes, inflation runs 3 percent so no gain at all. I'm about 60 so too old to have a bunch in stock.
I have a work 401k with protected from tax money, but have more piled up out of that now exposed to taxes.
Anybody got this figured out?