Have you ever heard the phrase tax efficiency or tax efficient portfolio? Whenever I hear it my muscles tighten up, I get a little nervous, I lean forward to hear better and prepare to be wowed. Not long after, whatever the opposite of wowed is, I am. Once I realize that nothing has changed on this topic since the advent of governments taxing people on their investments, I scold myself for allowing this topic to capture so much of my attention. Nevertheless, I have never written a piece on this topic and thought I would share my thoughts. I urge you to prepare for some wow.