You read in Chapter 4 about how investments can affect your taxes, and some of that information will be reviewed in this chapter. Taxes are an important consideration when you’re investing in the stock market, and you’ll need to have a sound understanding of how they can affect your investments and your bottom line.
While everyone has to pay taxes, there are techniques you can use to help you hold on to as much of your money as possible. With that accomplished, you can reinvest, or use the money to fund those goals that caused you to start investing in the stock market in the first place!
In this chapter, you’ll read about what gets taxed and at what rates, and how to minimize the taxes you’ll need to pay. You’ll ...