Benefits of Long Term Investment ━━━━━━━━━━━━━ Reduces Trans | Stock Market News
Benefits of Long Term Investment ━━━━━━━━━━━━━ Reduces Transaction Fees (Cost) Every time you invest, there is a transaction fee incurred. If you invest for a long-term and avoid repeated investments, you save multiple fees.
Tax Benefits (Tax) Long-term investments are taxed at rates lower than your income tax bracket.
Best Saving Option ( ) Long-term investments serve as a good savings option for post-retirement, future home, or college, education, etc.
Compounding ( ) Long-term investments grow at a compound rate of interest. Hence, the gain in this type of interest is substantial. ━━━━━━━━━━━━━ @Market_Share
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