The Picard Maneuver@lemmy.worldM to Lemmy Shitpost@lemmy.world · 3 days agoYou'd need to calculate the compound interestlemmy.worldimagemessage-square60fedilinkarrow-up1619arrow-down118
arrow-up1601arrow-down1imageYou'd need to calculate the compound interestlemmy.worldThe Picard Maneuver@lemmy.worldM to Lemmy Shitpost@lemmy.world · 3 days agomessage-square60fedilink
minus-squareLordCrom@lemmy.worldlinkfedilinkarrow-up1·2 days agoYou do know that interest earned is also taxed right? Letting it grow means you pay every year of how much it grew.
minus-squareivanafterall ☑️@lemmy.worldlinkfedilinkEnglisharrow-up4·2 days agoThat’s why I’m waiting 5 million years to let it grow. I’m skipping 5 million years worth of taxes.
You do know that interest earned is also taxed right? Letting it grow means you pay every year of how much it grew.
That’s why I’m waiting 5 million years to let it grow. I’m skipping 5 million years worth of taxes.