Guides ยท Finance
Capital Gains Basics
Know how gains are taxed
Capital gains arise when selling assets; short-term gains are taxed as ordinary income, long-term often at lower rates with potential offsets.
- short-term
- long-term
- basis
- offset
- tax rate
Track Basis
Keep records of purchase dates, prices, and adjustments.
Hold Period
Know short vs long-term thresholds and rates.
Offset Smart
Use losses and tax-advantaged accounts where appropriate.
Keep Exploring
Guides
Budgeting for Beginners
A starter budget works by giving income a clear job before spending decisions get made on autopilot.
Comparison
Index Fund vs ETF
Both can track diversified baskets of assets, but ETFs trade throughout the day while index funds usually transact once after the market closes.
Examples
Budget Envelope Method
The envelope method allocates spending into separate category envelopes.
How it works
Mortgage Amortization
Understand why early mortgage payments are interest-heavy and how the principal share grows over time.