Question
1. Look up how much you've made in stock market. I''ve made $295.02. Assume you are single and make $101,500 a year.And answer the 2
1. Look up how much you've made in stock market. I''ve made $295.02. Assume you are single and make $101,500 a year.And answer the 2 parts below. Show your work, no work no points.
A. Calculate your capital gains tax if you took that gain as short term capital gain
B. Calculate your capital gains tax if you took that gain as a long term capital gain
2. Tell me 2 things that are similar about a tax deferred strategy and a tax free growth strategy
3. Tell me how tax deferred strategies and tax free growth strategies are different
4. What is dollar cost averaging?
5. Describe advantages and disadvantages to dollar cost averaging?
6. Do you plan to us the dollar cost averaging strategy in the future? Why or why not?
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