How to Invest in a Tax-Free Account

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You get the same tax-free benefit from a simple mutual fund. You can borrow against it, just like you can borrow against a whole life policy without any tax costs to that borrowing. When you die and what's left is given to your errors, that also passes tax-free. Another cool trick with the taxable account is to donate your appreciated shares to a charity. And then you don't even have to wait 30 days like with tax-loss harvesting. The two main ways are to either hire someone else to do it or to do it yourself.

Investing in Taxable Accounts -- What You Need to Know.

Ever wondered what you should do when you've maxed out your 401K, backdoor Roth IRA, and HSA but still want to save more? Dr. Dahle discusses the advantages to taxable accounts and what you need to know as you invest in them. Love what you hear on the podcast? Looking for more great White Coat Investor content? Head over to our YouTube channel where you can watch video recordings of our podcast, short snippets of financial tips explained succinctly by me and others, and deep dives into topics for more in depth learning. You can even learn all about real estate with webinars from our real estate partners. Check out all this and more at https://www.youtube.com/thewhitecoatinvestor. You can do this and The White Coat Investor can help.

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