Question

Which of these are considered both short- and long-term investments? Check all that apply.

a.)get certain tax breaks.
b.)should sell quickly to avoid taxes.
c.)have to pay a fee to keep a stock.
d.)must pay taxes on profits.

Answer 1

Getting certain tax breaks- like getting married that is a long term investment because it will help you with taxes all your life Have to pay fee to keep a stock- paying the fee to keep the stock is worth it so that you can keep the stock in case you end up making money from it Paying taxes on profits- You have to pay taxes on profits or you can get your profits taken away which is also all your investments