A taxable investment account (also known as a brokerage account) is funded with any amount of after-tax dollars and can be invested in virtually any type of security, including stocks, bonds, mutual funds, and exchange-traded funds (ETFs). When securities are sold for a profit, there are generally taxes due.
At Ellevest, your taxable investment account may be allocated to mutual funds and ETFs. With the exception of the Emergency Fund goal, each of the Ellevest goals offers taxable investment accounts.
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