The longer we do this, the more evidence we find in favour of doing tax-free investments before any other kind of investing. To do that, you need to understand why paying no tax makes a huge difference to how much money you end up with. You also need to understand that there’s a difference between tax-free accounts and ordinary investment accounts. Lastly, you need to know why it’s important to buy an investment product within a tax-free investment account.
This week’s episode of The Fat Wallet Show is audio from our annual tax-free investment presentation. In it, Simon Brown explains everything you need to know about tax-free investments and shares some ideas on choosing the right type of product.
Find our conversation on tax-free investing here.