Message Font: Serif | Sans-Serif
 
UnThreaded | Threaded | Whole Thread (4) | Ignore Thread Prev | Next
Author: jsfields Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 118719  
Subject: Short vs Long Term Capital Gains Tax Date: 8/1/1999 1:52 AM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 0
Could someone clarify 12 vs 18 month period?

Specifically, The Motley Fool Investment Guide (1966) said the distinguishing period is 12 months.

Then, The Motley Fool's You Have More Than You Think (1968) changed the Foolish Four Approach to recommend holding for 18 months because of the 1997 tax laws (p. 194 in the soft cover book).

But now, The Foolish Four book (1998), as well as excerpts from the Investment Guide on this site all say 12 months?

Did the law change from 12 to 18 months, and then change back?

Thanks,

John Fields
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (4) | Ignore Thread Prev | Next

Announcements

Disclaimer:
In accordance with IRS Circular 230, you cannot use the contents of any post on The Motley Fool's message boards to avoid tax-related penalties under the Internal Revenue Code or applicable state or local tax law provisions.
Invest Better Hub
Take advantage of our newest free service, Invest Better!
New Fool-Branded Credit Card Available!
How does your card compare to ours?
Post of the Day:
Microsoft Corp.

Will Xbox Be a Lonely One?
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Facebook Fool Fan Club
Be a fan of the Fool over on Facebook!
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Get the Fool Phone App
Save and share content, zero in on sectors, podcasts, and much more!
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