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/biz/ - Business & Finance


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55868544 No.55868544 [Reply] [Original]

Oh look, my boring fiat money-market fund returns 5.25%.

>> No.55868569

>>55868544
And I pay 35% federal income taxes on it plus 6% state income taxes

Fuck this shit it’s pointless

>> No.55868590
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55868590

>>55868544
>Inflates your money

>> No.55868596

>>55868569
What is a TFSA

>> No.55868739

>>55868569
>>55868590
we are slaves

>> No.55869353

>>55868569
Taxes suck, but you have to pay them regardless of what you invest in.
There are some exceptions. When you invest in US Treasury securities, for instance, you don't have to pay state or local taxes on the money you make.