[GNC] Security Namespace colon

Ken Farley farleykj at gmail.com
Sat Apr 22 20:30:43 EDT 2023


I think there's a conceptual misunderstanding here.

Securities are intended to represent things like stocks, bonds, funds, 
ETFs or other investments. They are not, in and of themselves, taxable 
or nontaxable.

You can own shares of a security in both taxable and non-taxable 
accounts. For example, I may own shares of AMZN in my regular brokerage 
account. Any dividends or capital gains I make in that account will be 
taxable. The same type of gains for the same security in a non-taxable 
account, like a Roth IRA, are untaxed.



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