Birdwatch Note Rating
2024-01-08 15:00:59 UTC - HELPFUL
Rated by Participant: FF120E77D3D2119D75284FE981AB7EEE1D89521A46330FBE639DFAAFABBFF4C9
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