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Relationship Discussion (non-explicit)
Reply to "DH has a bank account I didn't know about"
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[quote=Anonymous][quote=Anonymous]How much of that 300,000 is capital gains? I bought $1,000 worth of Amazon stock in 1999 (right around when OP was married), it is worth $50,000 today. I'm in a similar situation where I saved $100 a month for the first decade of my marriage and put it in a brokerage account. It is now worth quite a lot. You don't pay tax till you sell the stocks. If OP's DH is someone who has invested pocket change in the market over two decades and it has grown up to a nest egg, it is worth celebrating. A lot of people on here are projecting their own issues. By the way OP based on her own statements about spending and calling a brokerage account, a "bank account" would be a good candidate for some financial advice either from her DH or an independent advisor. [/quote] Good point on capital gains. OP, be careful, the 300,000 is the pre-tax number. If this is something that has been built up over years, you might have to pay almost a third of it in taxes before you can access the money.[/quote]
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