Day 219
Week 32 Day 2: The Tax Advantage of Never Selling
Every time you sell a profitable investment, you owe capital gains tax (15-20%). If you never sell, you never pay. Unrealized gains compound tax-free, growing your wealth 15-20% faster than a portfoli...
Every time you sell a profitable investment, you owe capital gains tax (15-20%). If you never sell, you never pay. Unrealized gains compound tax-free, growing your wealth 15-20% faster than a portfolio that trades frequently.
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