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ETFs vs Mutual Funds: Tax Magic Explained!
10 days ago
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Finance
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ETFs
MutualFunds
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Did you know ETFs can save you more on taxes than mutual funds? 📈💡 Experts say ETFs offer “tax magic” by avoiding capital gains taxes, making them the smarter choice for taxable brokerage accounts. Mutual funds, on the other hand, often generate capital gains inside the fund, leading to higher taxes for investors. If you’re investing outside a retirement account, switching to ETFs could help you keep more of your profits! 💰
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