Understanding Capital Gains & Taxes 🌸

If you’re investing in a taxable brokerage account like Robinhood, this is how capital gains taxes work.

You’re taxed when you sell, not while your investments are just growing.

Hold less than a year and gains are taxed like income.

Hold longer than a year and the rate is usually lower.

This is why holding strategy matters just as much as what you invest in — especially outside of retirement accounts.

Simple rules, big impact over time.

#investingbasics #financialliteracy #taxes #investing #lillyb116