1. Forums
  2. General Chat

Your Mystery Shopping earnings increased much faster than inflation!

July 15, 2025 11:46AM
For every $1,000 of your mystery shopping earnings from 2024 you placed back into companies such as the S&P 500 and Nasdaq 100 indexes along with some U.S. Treasuries you'd likely have 9.4% more about now. In other words, each $1,000 is now worth $1094.

Like Warren Buffet said, you have to figure out how to make money in your sleep. This is one way how; low cost index funds.

Note: do your own research before you invest. Of course you need to subtract taxes, however, capital gains taxes are some of the lowest tax rates.
Reply
Log In
x

Create an Account or Log In

Membership is free. Simply choose your username, type in your email address, and choose a password. You immediately get full access to the forum.

Already a member? Log In.

July 18, 2025 01:17AM
Somehow I knew who posted this before I read it. smiling smiley
Reply
July 18, 2025 01:30AM
Capital gains are so much more complicated. Please seek trusted advice/information or do your own research.
Reply
July 18, 2025 04:33AM
Complicated? Nah, they're easy. Just use the strategy of keeping the asset for more than one year and get the lower rate....

The tax rate you pay on your capital gains depends on how long you held the asset before selling it.

Short-Term Capital Gains: Apply to assets held for one year or less. These gains are taxed at your ordinary income tax rate, which can range from 10% to 37% depending on your income level and filing status.
Long-Term Capital Gains: Apply to assets held for more than one year. These gains are taxed at more favorable rates: 0%, 15%, or 20%, depending on your income level and filing status

@Madetoshop wrote:

Capital gains are so much more complicated. Please seek trusted advice/information or do your own research.
Reply
July 18, 2025 11:51AM
If you're young and just starting, invest and dollar-cost average in low-cost funds. Set it and forget it.

If you work for a company and have a 401k, get your employer's matching contribution.

Also, like tax-loss harvesting, tax-gain harvesting is an important concept to understand when to sell in an ideal tax scenario. Asset transfer, as well.

Please don't feed the MSF trolls!

Feeding the MSF trolls bread or other human food is detrimental to their health and the environment. It can lead to malnutrition, disease, and behavioral problems in trolls, as well as water pollution and the spread of pests. Trolls are capable of finding their own food sources and don't require human assistance.


Edited 1 time(s). Last edit at 07/18/2025 02:15PM by paniconmon.
Reply
July 19, 2025 06:38PM
YOU ARE A NOVICE.

@maverick1 wrote:

Complicated? Nah, they're easy. Just use the strategy of keeping the asset for more than one year and get the lower rate....

The tax rate you pay on your capital gains depends on how long you held the asset before selling it.

Short-Term Capital Gains: Apply to assets held for one year or less. These gains are taxed at your ordinary income tax rate, which can range from 10% to 37% depending on your income level and filing status.
Long-Term Capital Gains: Apply to assets held for more than one year. These gains are taxed at more favorable rates: 0%, 15%, or 20%, depending on your income level and filing status

@Madetoshop wrote:

Capital gains are so much more complicated. Please seek trusted advice/information or do your own research.
Reply
July 19, 2025 07:30PM
ooh, we have a shouter. smiling smiley


@Madetoshop wrote:

YOU ARE A NOVICE.

@maverick1 wrote:

Complicated? Nah, they're easy. Just use the strategy of keeping the asset for more than one year and get the lower rate....

The tax rate you pay on your capital gains depends on how long you held the asset before selling it.

Short-Term Capital Gains: Apply to assets held for one year or less. These gains are taxed at your ordinary income tax rate, which can range from 10% to 37% depending on your income level and filing status.
Long-Term Capital Gains: Apply to assets held for more than one year. These gains are taxed at more favorable rates: 0%, 15%, or 20%, depending on your income level and filing status

@Madetoshop wrote:

Capital gains are so much more complicated. Please seek trusted advice/information or do your own research.
Reply
Sorry, only registered users may post in this forum.

Click here to login