The Picard Maneuver@lemmy.worldM to Lemmy Shitpost@lemmy.world · 1 day agoYou'd need to calculate the compound interestlemmy.worldimagemessage-square56fedilinkarrow-up1573arrow-down111
arrow-up1562arrow-down1imageYou'd need to calculate the compound interestlemmy.worldThe Picard Maneuver@lemmy.worldM to Lemmy Shitpost@lemmy.world · 1 day agomessage-square56fedilink
minus-squareLordCrom@lemmy.worldlinkfedilinkarrow-up1·7 hours 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-up2·4 hours 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.