Taking Money Out of Your Investment Account

Описание: Taking money out of your investment account can be more complex than you might think. In this week's video, Casey walks you through the different factors that should be considered. 

Taking money out of the wrong place could cause a penalty or generate serious tax consequences. If you're investing money in the stock market you should be aware of how selling those investments and taking the money out of the account works. 

Tune in to get up to speed!

#investing #tax

0:24 - Short-term $
0:54 - Brokerage accounts
1:20 - Capital gains tax
2:32 - Tax deferred accounts
3:12 - 10% penalty
3:40 - Roth IRAs

Mullooly Asset Management is a fee-only investment advisory firm located in Monmouth County, NJ. We work to educate our clients regarding managing the risk in their investments.

Tom Mullooly is an investment industry veteran of over 30 years. Prior to launching the "Mullooly Asset Show," Tom (along with his sons) recorded close to 200 podcasts and nearly 200 videos, which can be found on the site http://www.mullooly.net.

The "Mullooly Asset Show" is a new chapter in furthering the education of investors young and old. We answer questions and cover topics that YOU bring up. Our topics and questions range from those brought up by clients to those sent in by our viewers.

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None of the content on our videos, podcasts, website or social media should ever be considered to be investment advice, financial planning advice or a recommendation to buy or sell investments. Nor should our content be considered research. Please our website for complete details.

This video is not a recommendation to buy or sell any of the investments mentioned. None of the securities mentioned in this video represent past specific recommendations of Mullooly Asset Management.

We rely on fundamental and technical analysis. Neither fundamental or technical analysis can predict the future, both methods have flaws. Past performance is no guarantee of future outcomes.

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