Birdwatch Note Rating
2024-01-08 03:21:24 UTC - HELPFUL
Rated by Participant: 79DB7E0F3FE25C5842CC74FAE4164C237C285B399E08F2213EB7A2BAA3C1ACBD
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