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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.
by admax88qqq 2y 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.
- TheNewsIsHere 2y agoYou 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.
- admax88qqq 2y agoThat's not how taxes work. Investing $1 doesn't count as a loss for tax purposes.
- TheNewsIsHere 2y agoI did not claim that investing $1 is a tax loss.