UnThreaded | Threaded | Whole Thread (3) | Ignore Thread Prev | Next
Author: sdcumberledge Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75377  
Subject: Short term vs. Long term Date: 4/29/1999 7:17 PM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 0
Greetings Fools,

2 years ago I purchased shares of a mutual fund. 15 months ago I began an automatic repurchase plan on the fund. Now that I am Foolish, I wish to sell the shares, fund both my wife's and my Roth's and start a Fool 4 fund.

Here is my question...If I sell the fund now do I pay short term or long term gains???? To avoid short term capital gains do I need to quit contributing and wait one year or can I sell now since a majority of the fund was purchased 2 years ago??

Any help would be greatly appreciated!

Scott
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (3) | Ignore Thread Prev | Next

Announcements

The Retire Early Home Page
Discussion on accelerating retirement day.
Post of the Day:
Macro Economics

The Future, or What's Left of It
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement