While we have begun to cover the topic of taxes in investing, we have omitted one HUGE area: Capital gains taxes. These are some of the most common investing-related taxes and must be discussed by us in order to have a full view of the implications and further costs associated with investing activities. We will discuss:
1. What capital gains are
2. How capital gains taxes apply in your life
3. How much you have to pay in capital gains taxes
4. What we can take from knowing about capital gains taxes
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Don’t forget to like, subscribe, and leave comments below as I would love your feedback. Be sure to check out my website (www.mnowithdylan.com) where you can get more information on my financial coaching services and more, the podcast of these shows if you are more of a listener than a watcher, and follow the show on any social media outlet (FB, Twitter, & Instagram) @mnowithdylan (Money’s No Object with Dylan Howell) [All links in description]. Tune in tomorrow for our Weekly Rewind and again on Monday as I begin my discussions of bad investments and things that are not investments at all! Don’t forget to check-in every weekday (Monday-Friday) for new videos which will be uploaded each day at 6 a.m. CDT. Thank you, guys, for tuning into this episode of Money’s No Object. I’m Dylan Howell. God Bless!
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(Please keep in mind that I am not a financial advisor. I create these videos for educational purposes only. You and only you are responsible for the investment decisions that you make.)