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admax88qqq
759 days ago
If that $1 of investment doesn't yield any returns that's not an investment it's just an expense.
So yes $1 of savings is worth more than $1 of spending.
1 comments
TheNewsIsHere
759 days ago
You could potentially take it as an investment loss for tax purposes. Whether that’s proper depends greatly on the circumstances surrounding how the money was accounted for and spent.
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admax88qqq
758 days ago
That's not how taxes work. Investing $1 doesn't count as a loss for tax purposes.
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TheNewsIsHere
755 days ago
I did not claim that investing $1 is a tax loss.
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