You don't invest to figure out taxes. You invest to make money. When you are successful and make some money. You pay taxes.
Here's the deal. You WANT to be in the maximum tax bracket. The more taxes you pay, means the more money you made.
The only people that actually discuss taxes are those that have spent their gains
Without providing for the taxes. That's a separate issue.
My income tax form was 184 pages long last year. I NEVER complain about having to pay taxes.
Quote:
Originally Posted by SSLance
Maybe it's the accountant in me...but I never go into an investment without looking at what the ramifications will be if or when I decide to get back out of the investment.
I would never go into a simple partnership without a buy\sell agreement in place deciding how to split the partnership up later if things go bad...for instance. Stuff happens...
The point I was trying to make above was that to accurately figure the total return on an investment, the costs of getting out of the investment will eventually need to be calculated in. That's all.
The only two things that are certain in life are death and taxes, one can't be avoided, the other is getting harder and harder to avoid and must be accounted for.
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