One of the main ways to make money from investing is to purchase assets at one price and after that offer them at a greater cost. These kinds of profits are called capital gains. Just like the majority of sort of profits, they undergo taxes. There are 2 types of capital gains: short-term and long term. Taxes can affect the development of your portfolio, so it's important to comprehend how capital gains taxes work and learn some methods that might possibly reduce them.
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Capital Gains Taxes Explained: Short-Term Capital Gains vs. Long-Term Capital Gains
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