Is it wise to have an investment account and pay the taxes?

I am currently maxing out my ROTH IRA per year. I am also contributing to an individual investment account investing in more mutual funds.

Is this a wise decision? What are the tax implications on my investment account. I know that my ROTH is tax-free but am not sure on what are some of the tax rules for the investment account.

Thanks in advance.

By: llckll

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