Do i need to fool around with Tsp to shop for silver and other beloved gold and silver coins? (mentioned to the Zacks however it is such as for instance an awful idea we’re not attending link to help you it)
- Tax treatment. Gold is taxed as a collectible. Since gold doesn’t pay interest or dividends, the only money you make is when you sell (assuming you sell at a profit). Collectibles are taxed at a maximum tax rate of 28%. This is significantly more than long-term capital gains. Long-term capital gains are subject to a max of 20%. Continue reading “You can do the loan and put money into silver, lottery entry, tulips, or whatever you require”