You still have to pay tax for the profit you make each year.
It is better to buy shares in a company that reinvests its profits each year (no dividend payout). make sure that the company has a history of a good steady growth rate (above that of bonds). From doing this you avoid having to pay tax on your return each year and only pay tax at the end.

This is one way the richest man in the world saves on taxes.

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I am gone.