Currency ETFs: Investing Around the Troubled Dollar [View article]
Hi Silver-bullet, I am new to this...Can you explain you avoiding capital gain tax idea? You should pay income tax then?
On Apr 18 12:34 AM silver-bullet wrote:
> Buy Chinese yuan, Swiss franc, New Zeland dollar etc. through EverBank.com, > and avoid paying capital gains tax altogether when the currency appreciates > against the US$ - which seems like a long term trend.
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Latest comments | Highest ratedCurrency ETFs: Investing Around the Troubled Dollar [View article]
Hi Silver-bullet, I am new to this...Can you explain you avoiding capital gain tax idea? You should pay income tax then?
On Apr 18 12:34 AM silver-bullet wrote:
> Buy Chinese yuan, Swiss franc, New Zeland dollar etc. through EverBank.com,
> and avoid paying capital gains tax altogether when the currency appreciates
> against the US$ - which seems like a long term trend.