Investing is the act of using your money to purchase assets that have the potential to grow in value over time. These assets could be things like stocks, bonds, real estate, or commodities.
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Investing is a useful way to build wealth and achieve financial goals, but it comes with risks, one of which is taxation. Taxation is an important part of the investment process and can impact your returns. As an investor, it is important to balance the trade-offs of paying taxes on winning trades versus paying no taxes on losing trades while always prioritizing the protection of your capital.
You can start small and grow your investment portfolio over time. It's a simple and effective way to achieve your financial goals.
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