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Can someone explain mutual funds to me?
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Smelnick
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Member 12225

Level 26.09

Sep 2006


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Old Sep 13, 2007, 03:13 PM Local time: Sep 13, 2007, 03:13 PM #1 of 9
I would think it'd be like anything else. The profit made gets lumped into the gross sum of money you made during the year, and then the government taxes you on that.

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Smelnick
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Member 12225

Level 26.09

Sep 2006


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Old Sep 16, 2007, 07:57 PM Local time: Sep 16, 2007, 07:57 PM #2 of 9
Ah, the difference between Canadian taxes and your taxes. I guess it's simpler for me because I only have income tax and I never have to pay yet because I'm still a student. I always get money back. Sorry to confuse.

There's nowhere I can't reach.
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Exploding Garrmondo Weiner Interactive Swiss Army Penis > Garrmondo Network > General Discussion > Can someone explain mutual funds to me?

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