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Which is the best investment option for a person who wants to make a long-term tax-free investment?
A great long-term tax-free investment option is a Roth IRA (Individual Retirement Account). Contributions to a Roth IRA are made with after-tax dollars, allowing investments to grow tax-free, and qualified withdrawals in retirement are also tax-free. Additionally, investing in tax-free municipal bonds can provide tax-exempt interest income, making them another viable option for long-term, tax-free growth. It's essential to consider individual financial goals and consult a financial advisor for personalized advice.
What else can I help you with?
What is involved in an option brokerage?
An option brokerage is a stock purchase made by an investment firm instead of by the person who holds the purse strings for the purchase. The firm charges the investor for the purchase.
What is the difference between a Registered Investment Advisor and a Investment Advisor Representative?
A Registered Investment Advisor is the company for which the Registered Investment Advisor Representative (a person) works, except in the case of a sole-proprietor who can be an Investment Advisor.
Is an AXA variable annuity a good savings option for a young person?
No it is not a good savings investment. It's best to have a savings account with your preffered bank choice. Save some money and never touch. As a young person saves money interest starts paying up.
What parts of speech is 'investing'?
Investment can be a noun (person, place or thing) as in "That was a wise investment he made."Investment can be an adjective (describes a noun) as in "The investment club meets the third Wednesday of every month."
What investment would you recommend?
One investment that a person could recommend that would be good would be to have a savings account.
What is desired investment?
Desired investment is a sum of money that a person is willing to risk in order to make more money. Desired investment is also a sum of money that a person might put away for the future using a 401K Savings Plan.
What is the option response is and who gives it?
The option response might refer to a single response in a list of response options. The person who gives the option response would be the person who is asked the question.
What resources should you use when investing online?
Their are many services designed to help a person wishing to invest online.If you are new to the investment business then chosing one of these companies is the best option for you to take away the risks involved with online investing.
what is option Is it noun adjective or connective?
An option is a noun. It names a person, place or thing.
What housing decisions provides a person with housing and an investment?
Buying a single-family home is a decision made that is also (hopefully) an investment.
What is a persons suitability?
For investments, a person's suitability means their financial appropriateness to participate in a particular investment. For example, someone who is retired and depending on their investment proceeds probably wouldn't be suitable for a high risk investment; but a younger person trying to build up their portfolio would be.
What profession specializes in offering property investment advice?
The Property Investment Advisor would be the person qualified to give property investment advice. Property Investment Advisors are trained to turn investments into large multi-million dollar portfolios.
