> It doesn't really matter too much if it's taxed twice, the majority of people with 10 million dollars in a portfolio are passive investors of whatever liquid and hedgeable assets are available.
I'm not wading into that debate. I'm just concerned with accurate use of terminology, as multiple people in this discussion seem to be playing fast-and-loose with it.
I'm not wading into that debate. I'm just concerned with accurate use of terminology, as multiple people in this discussion seem to be playing fast-and-loose with it.