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Subject:  Mutual Funds, Capital Gains - I'm lost Date:  7/13/1999  2:23 PM
Author:  ChrisPRocks Number:  17246 of 127534

I recently sold off 2 mutual funds to pay the
downpayment on a house I just bought. For arguments
sake, lets say I have 3 other funds that I currently
have money invested in. I sold the two worst
perfoming funds of the 5. However, 1 of the
remaining 3 is also doing terribly (and has been for

My questions: Is it worthwhile to sell this 1 fund
and reinvest elsewhere now...or should I wait
until next year to avoid additional taxes?

Also, how are taxes figured on mutual funds when
I have been paying taxes yearly on the funds?
(is there an easy way to calculate what I will
be paying?)

Also throw in the fact that I'm getting married
in October and have no clue how that will impact
all of this....

I apologize if this has been covered elsewhere....I
did look though...couldn't find anything....

(And yes, I know I should probably dump all the
Mutual funds....had 'em a long time though...hard
to get rid of!)

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