Mel Abraham shows how the same investment grows dramatically differently depending on whether it's in a taxable account or a Roth IRA. Over 30 years, tax drag can cost high earners a fortune, but it's entirely preventable with the right account structure.
The investment you pick actually matters, but where you hold it matters just as much. See, the same investment in a taxable account versus a Roth IRA produces a dramatically different result over 30 years. One is taxed on gains every year. The other grows completely tax-free. Tax drag is costing high earners a fortune, and it's completely preventable. Say this: your account structure might be costing you more than your investment picks ever will.
