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Author: Linne Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121061  
Subject: Re: HELP GETTING OUT OF MUTUAL FUNDS! Date: 3/5/1998 12:00 AM
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<<Thanks to THE FOOLS I have finally seen the light. But is it too late? I have about 50K in a mutual fund that I would like to redeem. Yet I am leery of the cap gain tax consequences.>>

Because you've been paying tax on gains each year, it may not be as bad as you think. Look on your mutual fund statement for a column labeled "cost basis" - if it doesn't have it, you'll have to add up all of the deposits and reinvested amounts since you opened the account.
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