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Thursday, April 18, 2024

The Currency

What are short-term capital gains taxes?

Money

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Short-term capital gains tend to be when you owned an asset for a year or less before selling it for a profit. Short-term gains may be taxed at a higher rate than long-term ones.

🎈 Going up

Money

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The S&P 500 index ballooned 10.16%, soaring to its strongest first quarter in five years. Let’s take off into this week’s money news.