Today TaxMama hears from Mike in New York City who wants to know. “Is online investing safe for buying CDs, Money Market accounts, or an IRA based CD?”
It’s as safe any offline investing.
If you pick the wrong company, you will lose your money. If you pick reputable companies, you won’t.
So be sure not invest online with anyone you’ve never heard of.
And remember, you can find answers to all kinds of questions about online shopping and other tax issues, free. Where? Where else? At TaxMama.com.[Note: If you were subscribed to the e-mailed TaxQuips, you’d be getting other exciting news and tips by e-mail, that never appear on the site. Please click on the subscribe link and join us.]
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