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investmentHow to gain from capital gains and losses
It's always a good thing when an investment pays off. That's why you invest, after all - to win - not to lose. But when you win on an investment, there is almost always a price to pay in the form of taxes. The snowball effect – get the ‘magic’ of compounding working for you By Kian Ghanei , Vancouver Kick a small ball of snow into motion from the top of a hill and by the time it gets to the bottom, it will be HUGE. That’s the snowball effect – and you can get the same growth effect in your investments thanks to the ‘magic’ of compounding. |
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