Video Summary Investing in the stock market can be a smart way to grow your wealth, but it’s essential to understand the tax implications of your investments. In this article, we’ll explore the different types of investments and how they are taxed. There are three main types of investments that incur taxes: interest, dividends, and […]
German Chancellor Olaf Scholz fired former Finance Minister Christian Lindner after he proposed sending Ukraine Taurus missiles instead of financial aid, Lindner said on Nov. 7, according to the German media outlet Berliner Zeitung. Scholz's dismissal of Lindner on Nov. 6 triggered the collapse of Germany's three-party governing coalition. Economic disagreements led to Lindner's firing, […]
Ukrainian citizens and businesses paid over 1 trillion hryvnias ($24 billion) in tax in 2024, the Finance Ministry reported on Dec. 31. Corporate income tax amounted to Hr 270.8 billion ($6.5 billion), value added tax came to Hr 267.8 billion ($6.4 billion), personal income tax and military tax- a sum levied from citizens to support […]
Video Summary There are two types of retirement accounts: traditional and Roth. The main difference between them is how they treat taxes. With a traditional account, you don’t pay taxes on the money you contribute, but you’ll pay taxes when you withdraw it in retirement. With a Roth account, you pay taxes on the money […]
Video Summary Here is a summary of the article in 200 words: The author discusses how to read and pick good stocks, emphasizing that beating the market average is not always possible. They suggest that a low-cost index fund, such as Vanguard 500, may be a better option for many investors. The author shares their […]
Europe will not be able to finance Ukraine's defense against Russia's full-scale invasion without U.S. support, Hungarian Prime Minister Viktor Orban said on Nov. 8. "The Americans are going to get out of this war," Orban said in comments reported by Bloomberg. Donald Trump's Nov. 5 electoral victory has triggered fears that U.S. aid to […]