The Motley Fool Discussion Boards
Financial Planning / Tax Strategies
|Subject: Re: Taxes on Investing Profits||Date: 8/3/2011 1:08 PM|
|Author: JohnEBgood||Number: 113833 of 121219|
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.
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