Is it worth the money? Today, Alex (@AlexHormozi) shares his thoughts about Day Trading, long-term vs. short-term investing, and why it’s better to just find a different hobby instead.
Welcome to The Game Podcast where we talk about how to get more customers, make more profit per customer, and keep them longer, and the many failures and lessons we have learned along the way to $100M in sales. We've got roll-up-your-sleeves kind of hustle with a little bit of cleverness and a lot of heart.
Timestamps:
2:29 - Alex shares the mistake he made that cost him $200k and explains some of the math behind it
4:40 - The capital gains treatment gets thrown out the window and it becomes regular income and so you’re taxed differently
8:15  - “I have to pay taxes on regular income because I sold it within a year”
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