How To Prioritize Where You’re Investing (And Why!)
The Money with Katie Show
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The Individual Investing Account Is a Great Place to Put Extra Money
The individual investing account is a wonderful place to put extra money much, much better than stowing it away in a savings account every month. You will have to file typically 1099 div forms every tax season for an account of this nature and the IRS will tax the ordinary and qualify dividend gains annually. If you cannot afford to do all three or all four, it is okay absolutely to adapt to create some flexibility. Investing even 20,500 per year on the average income in the US is still pretty daunting.
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