Higher-risk trades that might result in a loss often make the most sense when placed using a taxable brokerage account since that loss can be used to lower taxable income. Similarly, investors in need of current dividend income may be best served by owning their dividend-paying names in a brokerage account rather than a tax-deferred retirement account. It's for reasons like these that retirement-minded investors currently managing a retirement account may want to consider stepping into the First Trust Nasdaq Cybersecurity ETF (NASDAQ: CIBR) and leaving it alone for a few -- or maybe many -- years.
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