Questions a Taxable Brokerage Account
Hi everyone, I’m looking to invest for the first time and my question is it worth opening a taxable brokerage account? Everyone always talks about opening a Roth IRA but from my understanding I’d have to wait till I was 59 1/2 before I could withdraw money tax-free. My main goal with this account is to use the money to buy a house, preferably before I turn 59. I’m currently a full-time student but I have a lot of money in my savings and I’m thinking that if I invest it now, it might make buying a house easier down the line.
If there’s anything I should know such as drawbacks or maybe there’s a better way to go about achieving my goal please let me know.
u/Rainbow_Warrior4679 — 23 hours ago