Why ETFs Remain Some of the Most Tax-Efficient Vehicles for your Money
With Tax Day behind us, it’s worth reviewing its impact your portfolio. As investors weigh their options for the best and most tax-efficient vehicles for their money, exchange-traded funds remain some of the top candidates because of their unique structure, says Dave Nadig, chief investment officer and director of research at ETF Trends.
Here’s what he told CNBC’s “ETF Edge” on Monday about the tax advantages ETFs provide over other investment vehicles. This transcript has been edited lightly for clarity. Read more…………..
Chart Of The Day
Dave Nadig, chief investment officer and director of research at ETF Trends, explains how ETFs are taxed and lays out what investors should watch with Tax Day approaching. With CNBC’s Bob Pisani.