Birdwatch Note Rating
2024-01-08 14:19:05 UTC - NOT_HELPFUL
Rated by Participant: ECD9A0BF08F257FE84E7E601D34AF5EF5D33F54D33C9DAE3636334B9CE15E692
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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
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