Clint Walkner and Keith Poniewaz discuss investing in taxable accounts. They explore the history of investing, which started with the purchase of individual stocks by investors and then the development of mutual funds, which collectively helped pool risk and provide greater diversification. As index fund popularity grew, exchange-traded funds (ETFs) have grown significantly in popularity. As we look towards the future, are we looking at once again buying a large basket of individual stocks to manage taxation and risk? Clint and Keith discuss the new trend of "direct indexing". Click here to listen to the podcast.