What are the advantages of investing in cryptocurrencies that offer franked dividends?

1 answers

• Nov 23, 2021 · 3 years ago
  Investing in cryptocurrencies that offer franked dividends can be a wise choice for investors seeking a combination of income and potential growth. With franked dividends, investors can benefit from a higher net income as the dividends have already been taxed at the corporate level. This can result in a more favorable tax treatment for investors, especially those in higher tax brackets. Additionally, cryptocurrencies that offer franked dividends often provide a stable and predictable income stream, which can be attractive to income-focused investors. This regular cash flow can help investors meet their financial goals and provide a sense of security. Moreover, these cryptocurrencies may also have the potential for capital appreciation, allowing investors to benefit from both dividend income and price appreciation. By investing in cryptocurrencies that offer franked dividends, investors can enjoy the advantages of both income and growth potential.
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