The Picard Maneuver@lemmy.worldM to Lemmy Shitpost@lemmy.world · 1 year agoYou'd need to calculate the compound interestlemmy.worldimagemessage-square60linkfedilinkarrow-up1618arrow-down120
arrow-up1598arrow-down1imageYou'd need to calculate the compound interestlemmy.worldThe Picard Maneuver@lemmy.worldM to Lemmy Shitpost@lemmy.world · 1 year agomessage-square60linkfedilink
minus-squareLordCrom@lemmy.worldlinkfedilinkarrow-up1·1 year agoYou do know that interest earned is also taxed right? Letting it grow means you pay every year of how much it grew.
minus-squarepotoooooooo 🥔@lemmy.worldlinkfedilinkEnglisharrow-up4·1 year 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.