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Brokerage/retirement account question.
Thank you, and I know!. I'm pretty much gonna be leveraging compound interest for income, not wealth. What I'm planning to do is have my principle be anywhere from 60,000 - 250,000, and then invest monthly with a rate of 3,000 - 5,000 dollars. And yeah, retirement accounts suck. It's a shame...- Ry6782010
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- Forum: Legal, Tax, Regulation
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Brokerage/retirement account question.
Is there anything such as a non taxed account that can earn compound interest?. Should i open an IRA or does that get taxed?. I was also thinking of a high interest savings account, but, im not sure what would be best. Any help is greatly appreciated!- Ry6782010
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- Replies: 4
- Forum: Legal, Tax, Regulation
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