Comment by SoftTalker
2 hours ago
In the contrived example, the 5% return was "risk free" so assume it was something like CDs, no capital gains.
2 hours ago
In the contrived example, the 5% return was "risk free" so assume it was something like CDs, no capital gains.
CDs generate interest, which is taxed as income, higher than capital gains. Just sayin ...