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Up 7500% plus for the year
New TAX bill includes individual investor provisions:
If the proposed tax bill is passed investors could be paying as much as $2.7 billion more in taxes over the next decade.
It would require individual investor who decided to sell off stocks they have owned the longest.
It's a process called 1st in - 1st out. The scheme is that the oldest shares generally has the biggest yields, thereby higher capital gains tax.
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Blockchain adds to it intergration into wall street.
This disruptive technology "Blockchain" or distributed ledger - in it's simplicity is a decentralized "digital ledger" database. Meaning third parties entities such as a middle-person could be eliminated.
Here on Wall Street a consumer and suppliers or investor & asset managers are in direct contact with each other in what are known as "Smart Contracts"
Cryptography or hashing keeps the exchange secure. The transactions or "BLOCK(s)" are on a chain of computer seen by everyone on the network who have verified & record it's approval.
Depending on it's applications, technically there are several forms of this "Blockchain" and distributed ledger.
This is also the same technology behind the popular Bitcoin phenomenon.
This disruptive technology "Blockchain" or distributed ledger - in it's simplicity is a decentralized "digital ledger" database. Meaning third parties entities such as a middle-person could be eliminated.
Here on Wall Street a consumer and suppliers or investor & asset managers are in direct contact with each other in what are known as "Smart Contracts"
Cryptography or hashing keeps the exchange secure. The transactions or "BLOCK(s)" are on a chain of computer seen by everyone on the network who have verified & record it's approval.
Depending on it's applications, technically there are several forms of this "Blockchain" and distributed ledger.
This is also the same technology behind the popular Bitcoin phenomenon.
REAL TALK
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DISCLOSURE: This post contains sponsored ads which I will be compensated if a purchase is made after clicking on my links.
DISCLOSURE: This post contains sponsored ads which I will be compensated if a purchase is made after clicking on my links.
