![[Most Recent Quotes from www.kitco.com]](http://kitconet.com/images/sp_en_6.gif)
Shocking numbers
From today's email from Dr Steve Sjuggerud:
Which would you prefer, $559,000, or $24,000?
$559,000 is what a dollar would have been worth invested in stocks throughout the entire history of the U.S. stock market.
$24,000 is the exact same number as above, minus taxes (assuming you’re paying the highest tax rates).
The difference is incredible… And it’s all due to taxes. (The numbers are from the book Stocks for The Long Run 2nd Edition, by Jeremy Siegel.)
Um. Definitely something to ponder as the trading accounts get bigger.
Which would you prefer, $559,000, or $24,000?
$559,000 is what a dollar would have been worth invested in stocks throughout the entire history of the U.S. stock market.
$24,000 is the exact same number as above, minus taxes (assuming you’re paying the highest tax rates).
The difference is incredible… And it’s all due to taxes. (The numbers are from the book Stocks for The Long Run 2nd Edition, by Jeremy Siegel.)
Um. Definitely something to ponder as the trading accounts get bigger.
posted by Karin @ 12:01 PM
<< Home