3 ms·
I thought with mutual funds you still pay taxes only on the profits. With property taxes you pay it on the current value.
by pkaye 10y ago
I thought with mutual funds you still pay taxes only on the profits. With property taxes you pay it on the current value.
- epistasis 9y agoMutual funds charge you a percentage fee, with or without profits. So when somebody says, "imagine if your investment accounts charged a percentage" that is precisely what mutual funds do.