Episode 113: 5 Things to Know About Capital Gains

If you’ve ever invested, you’re at least familiar with capital gains, but do you understand how much they impact your future? Today we’ll tell you five things that you need to know about capital gains and how to account for them when investing.

 

Read more and get additional financial resources here: https://coveryourassetskc.com/episode-113-5-things-to-know-about-capital-gains/ 

 

What we discuss on this episode: 

1:43 - What’s the difference between a short-term capital gain and a long-term capital gain?

5:55 - Which one is better?

6:22 - Does it change if you’re in a Roth IRA or traditional IRA?

10:00 - What happens if you sell something at a loss?

13:29 - What do you need to know about annuities?