Alphabet (GOOGL) slips after hours despite Street-beating Q2 >>> READ MORE

The 3 Best ETFs to Put In Your IRA for Long-Term Growth

If you have an IRA, long-term growth is the place to be

    View All  

There’s something really magical about an individual retirement account (IRA) when it comes to building a retirement portfolio. The secret to the IRA comes down to taxes. It doesn’t matter which type you choose — a Traditional or Roth IRA — any investment placed inside the account will be able to grow without the taxman getting his grubby hands on it.

The 3 Best ETFs to Put In Your IRA for Long-Term Growth
Source: Shutterstock

Dividends, capital gains, interest income, etc. can compound tax-deferred or in the case of a Roth IRA, tax-free, until you need to spend it.

This ability makes the IRA one of the best tools regular investors have to grow their nest eggs.

This tax-deferred/free compounding also makes the IRA better suited for certain investments. Those that offer high long-term growth opportunities or potential tax hiccups are best when placed inside the account. And with exchange-traded funds (ETFs) covering every asset class at this point, the pairing of IRAs and ETFs is a match made in heaven.

With that in mind, here are three of the best ETFs to take advantage of everything an IRA has to offer.

Next Page

Article printed from InvestorPlace Media,

©2017 InvestorPlace Media, LLC