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URL:
http://boards.fool.com/thank-you-bob-i-like-that-idea-i-take-it-that-29454411.aspx
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| Subject: Re: Taxes on Investing Profits | Date: 8/3/2011 1:08 PM | |
| Author: JohnEBgood | Number: 113833 of 118626 | |
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Thank you, Bob. I like that idea. I take it that it could be applied to mutual funds as well as individual stocks, right? BTW....I've already started liquidating a few positions. I started with the ones that I had the least confidence in. Meanwhile, I have a rather large position in one mutual fund. I've had it for many years, and it has appreciated very nicely. TOO nicely....the cap gains will be significant. But, I do buy the "tax tail vs investment dog" argument. Based on the fact that the fund position is too large, it will need to be trimmed. Jack |
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