Your Mystery Shopping earnings increased much faster than inflation!

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.

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Somehow I knew who posted this before I read it. smiling smiley
Capital gains are so much more complicated. Please seek trusted advice/information or do your own research.
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.
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.
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.
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