I have both a brokerage account and Roth IRA with fidelity and I’m looking to enter the market next week with some significant savings (about 10-15k) and I curious about which account I should put into. My goal is to gain interest on some moderate savings before I put down on a home purchase in the next 3-5 years some I need my investment to be semi-liquid. If I enter with Roth, I can take out of it for home purchase, but have to pay tax up front? And if I enter with brokerage account will I have to pay gains tax on earnings? All questions I’m looking for some direction on before entering market.
Submitted October 11, 2018 at 11:02AM by ammcaferty https://ift.tt/2y9C7hm
