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Old 04-16-2005, 07:05 AM  
Peaches
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Join Date: Oct 2002
Location: Away
Posts: 13,933
Quote:
Originally Posted by quiet
pay your taxes. sleep well at night.
100% agreed.

The best REAL tip I've gotten is to pay yourself a small salary. That's what you pay SS, Medicare, etc. taxes from. You still have "unearned income" from the rest of the stuff but you only pay state and federal income taxes in it. No, you won't get much SS when you retire, but invest the amount yourself that you WOULD pay and you'll end up ahead.
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