What Is The Best Investment Option For A Secret Nest Egg?
I would like to open an investment account to build a secret nest egg. I have $5000 to start and want to add up to $100,000. I don’t want my husband to know about it and prefer that it be non-taxable and as untraceable as possible. Any suggestions?
Call Merrill Lynch. Have them set you up an IRA. They can fix it so you have very little mail.
Suggestions? Get a divorce. If you have 5 thousand to invest and want to build your own fortune behind your partners back, then do yourself a favor and get a divorce now. Your relationship is obviously not strong. I think investing is the least of your problem at this point. Sorry, but I would invest in your relationship now and build a nest egg together.
If you want non-taxable and untraceable then you probably want to go with things like precious metals and keep them in a safe deposit box.
To the best of my knowledge, any regular investment of that size is going to incur capital gains every year.