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What is the first thing you buy or pay with their tax returned check? |
a.Car I love getting a tax refund! :) e. other because an astute taxpayer will not allow the government to have an interest free loan from them. I try not to pay income tax nor have a refund due to withholding. But if I did I would first pay off the credit cards. I personally would pay off any high interest credit cards, if I had credit cards(got rid of all cc only pay cash for everything now.), if any thing left I would put into a saving account. |
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Well, I can answer one question. The $1 million in stock does not put you in a higher tax bracket - until you sell it. Then the gain becomes realized (assuming you did make money on the transacti... 20% a year is very, very doable. As some of the more successful traders on here will tell you, the key is education, discipline, and money management. Education to learn the various strategies... Timing the market (active investment) can lead to much higher returns, if you believe you have similar skills as Warren Buffet or George Soros. While stock market returned 9% in the last 60 years, ... |
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