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User Info Europe And China Near Detonation; entered at 2012-06-05 08:27:01
Flappingeagle
Posts: 1227
Registered: 2011-04-14
Quote:
and then had to pay taxes on those illusory gains.


That is the catch most people miss. If you make a 5% return on a short-term investment and inflation was 3%, you really only gained 2% and, that is before you pay income taxes on the 5% "gain".

For a lot of people just treading water after taxes would have been a good return.

Flap
2012-06-05 08:27:01