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5:37
YouTube
Charles Schwab
Capital Gains Taxes Explained: Short-Term Capital Gains vs. Long-Term Capital Gains
One of the main ways to profit from investing is to buy assets at one price and then sell them at a higher price. These types of profits are known as capital gains. As with most kinds of profits, they're subject to taxes. There are two types of capital gains: short term and long term. Taxes can impact the growth of your portfolio, so it's ...
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