Thank you for jumping into the discussion. Unfortunately, I am a bit confused by your answer. The second example is what threw me off. You wrote "If your currency loses value and is only worth $1500, then your ordinary gain is $1000. " Are you saying this should not be calculated and considered on a yearly basis? It should be calculated based on the original date of the investment into the savings account and the date the account is closed? This account is not being closed for now.
