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Monday, June 5, 2023

Tax Efficiency: ETF vs Mutual Fund

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One of the preferred investments for buyers at this time is the exchange-traded fund (ETF). When an investor purchases an ETF, it holds a number of underlying investments. This can enhance the portfolio’s diversification, however it might additionally enhance the taxable penalties of shopping for and promoting securities to match focused asset allocations.

TurboTax Premier makes it simple and quick to import, add, and precisely report your investments, effortlessly. You can auto import over 3500 transactions simply, whether or not from shares, crypto, ESPPs, robo-investing, and extra. Start totally free and rise up to an extra $15 off while you file with TurboTax Premier. 

Source: www.thestreet.com

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