💸 Don’t let the tax tail wag the investment dog.

Name: 💸 Don’t let the tax tail wag the investment dog.
Uploaded: 2025-10-24T15:12:28Z
Duration: 1 s
Channel: Chris Larsen
Description: A short conversational excerpt from a YouTube video titled "💸 Don’t let the tax tail wag the investment dog." Speakers Chris Larsen and Tom Wheelwright…

24 Oct 2025 · 0 min

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A short conversational excerpt from a YouTube video titled "💸 Don’t let the tax tail wag the investment dog." Speakers Chris Larsen and Tom Wheelwright caution against letting tax savings alone drive investment choices. They emphasize evaluating the full economics of an investment (costs, uncertain outcomes) rather than treating tax deductions as equivalent to net savings; Tom uses a simple numeric example (spend $1, deduct $0.25 → still lose $0.75) and notes many tax strategies require significant upfront outlays (example: ‘might outlay 50 grand’).

We don't want the tax deal to wag the dog.
You know, people say like, oh, I can, I can deduct this. I'm going to spend a dollar on this. I can deduct 25 cents. It's like. But you're still losing 75 cents. Don't say, hey, I'm not paying tax on this. It's saving me money. Not necessarily. Right.
Exactly. Exactly. Because you don't know how the rest of the investment might play out. Right. That's the uncertainty part. The tax code part is the. No, that. That's the certain we can really plan and be proactive of. That comes down to the numbers. The nice piece there is for a lot of strategies we use, Chris, and help your, you know, a lot of your clients and, and people you. You've sent our way is that, you know, they might outlay 50 grand strategy. I mean, let's be honest, they cost something. Right. So anyone listening today, you think you can save tax by blinking, you know, at the right time and stand on one leg? I. I wish that was the case. Right. I would never made it that easy for us. But it's really understanding how these assets and strategies work the. In the numbers behind them. Right. And how it works to your benefit.