Thomas-Brock-15-Why do tax shelters pose risks and how can you safeguard against those risks
Video Transcript
The biggest risks associated with tax sheltered investments are the ambiguous nature of some of them, the complexity of some of them. Oftentimes they can make you to believe there's unrealistic return potential.
Some tax sheltered investments are especially sensitive to inflation. Here I'm thinking about bond like investments such as annuities. This is a big risk of tax sheltered investments.
Illiquidity.
Especially some of the IRS sponsored vehicles I mentioned earlier. Any money that you put into these vehicles can't be touched for a number of years. Decades sometimes.
