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Do you pay tax for simply having investment portfolios?

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Re: Do you pay tax for simply having investment portfolios?


@ljtxoov wrote:

The plan is to put towards index funds or ETF and "let it run".


I suggest using a Roth IRA and getting a broad market ETF with low expenses and a large fund size (the latter being an indication the sponsor isn't likely to close the ETF). "VTI" might be worth a look (Vanguard Total Stock Market).

 

There are some lower-fee and no-fee ETFs, but it's not clear to me whether they will last.

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