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Maslowich
3 years ago
15

Your primary motivation for investing is for tax savings. True or False

Business
1 answer:
kipiarov [429]3 years ago
8 0
False. Your primary motivation for investing is for tax savings. Your motivation for investing money shouldn't solely be a tax break, you should always have a plan. When you invest, you should be thinking of why, in the future, investing was a good idea. Not the current little but of tax break you can get if the money goes in tax free. Always have a plan and a reason for investing your money into something. 
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Phyllis invested $10,000, a portion earning a simple interest rate of 8 1 2 % per year and the rest earning a rate of 8% per yea
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