I just started investing $5 a day in voo like last week but concern of taxes next year. I almost stop investing lol and was just going to just saved in savings account since i already have 401k at work .
my question is do we only paid taxes if we sell the stocks ? what if we don’t sell and keep investing year after year and just holding the EFT
is that how investing and taxes work?
i would hate to end owing when i can just save money in a regular acct .