Home › Forums › Financial Markets/Economics › ok I feel stupid asking this,but here goes › yes, I forgot about taxes the
yes, I forgot about taxes
the ‘gain’ on the 10 year investment is $350 as far as the IRS is concerned so the investor now owes capital gains taxes for his investing acumen
let’s see, lose 1.5% per year and owe capital gains taxes on $350
does compounding over 10 years bring us back to even in real terms?