
Investing
Did You Know the Government Subsidizes Market Losses in Traditional IRA and 401K accounts?
True! Market losses aren’t all yours. The IRS subsidizes part of them.
True! Market losses aren’t all yours. The IRS subsidizes part of them.
The three largest expenses in the federal budget are Social Security/Medicare, interest on the debt, and defense.
The Fed’s zero interest-rate policy (ZIRP) resulted in printing money. Quantitative easing (QE) seemed to work as the stock market saw it’s longest bull market in history.