Bigfoot Investments
Say wha? wrote:
Bigfoot Investments wrote:The fact that a gain or loss is 'realized' is relevant for purposes of calculating tax liabilities. It is not in any way relevant to whether or not you have actually made or lost money.
Hello? Tax liabilities are based on the sales of investments. You make,or lose, no money until you sell.
Did you really just say that? I mean, come on, you can't really be that dense, can you? OK, at the risk of being trolled...
"Tax liabilities are based on the sales of investments."
Yes, hence:
"The fact that a gain or loss is 'realized' is relevant for purposes of calculating tax liabilities."
Then you follow with:
"You make, or lose, no money until you sell."
No, hence:
"It is not in any way relevant to whether or not you have actually made or lost money."
Surely you are just trolling. Well, bad on me I suppose for taking the bait.