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URL:  http://boards.fool.com/don-want-to-quotbuy-a-dividendquot-10393855.aspx

Subject:  Don' want to "Buy a Dividend" Date:  11/1/1998  5:30 PM
Author:  SABAHCAT Number:  6055 of 121061

I am ready to purchase an S&P index fund and I understand the concept of timing the buy to avoid "buying a dividend", however, does this apply to capital gains as well?

If I buy in December just before the capital gains are recorded, will I be "Buying a capital gain" and therefore be better off waiting till the beginning of next year to buy?

Any and all answers are greatly appreciated.


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