Birdwatch Note Rating
2024-01-07 17:38:51 UTC - NOT_HELPFUL
Rated by Participant: 4C21C3B7FA6841C0D0784ECB967EB94BE4EA006E53C7A56ED50EDA9252F38D84
Participant Details
Original Note:
By their very definition, unrealized gains are not income. They have not been realized. Once they are sold, then taxes are paid. https://www.investopedia.com/terms/u/unrealizedgainsandlosses.asp https://corporatefinanceinstitute.com/resources/knowledge/accounting/statement-of-comprehensive-income/ https://www.forbes.com/advisor/investing/unrealized-gains-and-losses/ The Balance: Understanding Unrealized Gains and Losses https://www.thebalance.com/unrealized-gains-and-losses-definition-and-examples-314076
All Note Details