We have a lot of different listeners. Some folks want to learn about tax-loss harvesting, and others would really like to know what the heck a brokerage account is. In this episode, we wanted to go back to basics for all our listeners that want a solid introduction to investing.
In this episode we’re going to spend time talking about the different accounts you can invest in, and what the investments look like inside those accounts. Don’t make the mistake of thinking they are the same thing! The account is merely a shell that tells the IRS how to tax what’s inside. For example, a Roth IRA is not automatically an investment.
In this episode you will learn:
- Different Account Types and their corresponding tax treatment
- What is inside these accounts
- Maxing Out Tax favorable Accounts
- Investment Goals to Consider
- The Different forms of diversification
For more financial planning tips from Corey and Rachelle, find them on LinkedIn: @CoreyJanoff and @RachelleVanderzanden; Instagram: @CoreyJanoff and @VanderzandenRachelle; and Twitter: @CoreyJanoffCFP and @RachelleFinance
Discussions in this show should not be construed as specific recommendations, legal, or investment advice. Always consult with your investment professional before making important investment decisions—advisory services through Cambridge Investment Research Advisors, Inc., a Registered Investment Advisor. Through Cambridge Investment Research, Inc., Securities are offered a registered Broker/Dealer, Member FINRA/SIPC. Finity Group and Cambridge are not affiliated.