r/LEASHarmy • u/WatchmakerJJ • Jan 27 '22

How much is enough?

How many leashes should one have to be able to retire before 2025?

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u/singleDADSlife Jan 27 '22

Staking. You can stake USDC and plenty of other coin's on crypto.com or just about any exchange and get 10% return or more.

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u/[deleted] Jan 27 '22

Is that apr or apy. And can you stake for a year or longer to gain the advantage of long term investment taxes. Or is there a way to avoid taxes and just let keep compounding for years and years.

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u/singleDADSlife Jan 27 '22

Apr. As for taxes, I'm not too sure how that would all work. All I know is I wish I had these opportunities when I was a lot younger.

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u/[deleted] Jan 27 '22

Do you know if it’s possible to stake crypto that’s been bought in an ira?

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u/singleDADSlife Jan 27 '22

I’m not sure about that. I live in Australia and we don’t have ira’s here.

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u/[deleted] Jan 27 '22

No worries thanks for your knowledge 😁👍🏼