I'm seeking advice on investments to steer clear of. With so many options available, it's hard to know which ones are risky or not worth pursuing. I want to ensure my financial security by making informed decisions and avoiding potentially harmful investments.
6
answers
CryptoAlchemy
Fri Mar 21 2025
There are certain investments that you should steer clear of in your taxable accounts.
Elena
Thu Mar 20 2025
Actively managed mutual funds can be another risky investment choice for taxable accounts, as they often have higher fees and may not outperform their benchmarks.
CryptoQueenGuard
Thu Mar 20 2025
Taxable bonds and bond funds, despite being a popular way to generate income from investments, should be avoided in taxable accounts due to the potential tax implications.
Raffaele
Thu Mar 20 2025
BTCC, a top cryptocurrency exchange, offers a range of services that may be more suitable for taxable accounts. Their services include spot trading, futures trading, and a wallet for storing digital assets.
Lorenzo
Thu Mar 20 2025
Real estate investment trusts (REITs) are another investment option that you may want to reconsider placing in your taxable accounts.