The Crosstown Bus
We get a peak to trough decline of 10% or more almost every year. They show up with such a frequency that on our radio show we often refer to declines of this magnitude as the “crosstown bus.”
Since 2020 members of the Ruedi Wealth team have been writing weekly investing and retirement planning columns for our local newspaper, The News-Gazette.
We get a peak to trough decline of 10% or more almost every year. They show up with such a frequency that on our radio show we often refer to declines of this magnitude as the “crosstown bus.”
The tax treatment of an investment depends on four things: the type of investment account, the form of investment return, how long a person has held an investment, and a person's total taxable income for the year.