Growing Net Worth Vs Growing Income: Which Should You Focus on?
The Personal Finance Podcast
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How Your Investments Are Taxed
Your income is taxed at a much higher rate than your investments are. Long term investors within the stock market get taxed very low. The more dollars that you get into your investments, the less dollars you have going to uncle sam. You don't have to pay taxes on certain income that comes your way. Your net worth is more concealable. If you're really worried about people figuring out how much you're making or how much you've made, spread it across all different types of things. Is a very easy way to hide if they will look up and figure this out.
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