Tag: Taxes

Never Buy This in December

Never Buy This in December

It seems that every year in December we get a multitude of calls from clients regarding a pretty common occurrence for certain types of investments.This month, most pooled investments pay out their capital gains to shareholders and the value of the associated account falls for a few days until the money is reinvested or paid out.  Given the healthy returns…

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Large Tax Hits from Mutual Funds?

Large Tax Hits from Mutual Funds?

Mutual Fund Capital Gains Distributions They show up like uninvited guests, usually in early or mid – December and eat up our profits. They are one of the worst aspects of owning mutual funds. Funds might sell appreciated securities for a variety of reasons. Perhaps a stock hit management’s sell target–not out of the question, given the ongoing strength in…

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The Charitable Spirit – Not Just for the Holidays

The Charitable Spirit – Not Just for the Holidays

A lot has changed in the past few years. Angry Birds became a national pastime.  Tennessee fans are starting to fill football stadiums once again . China surpassed the United States to become the world’s largest economy.  Innovative technologies disrupted whole industries. One thing hasn’t changed, though, and that is Americans’ generosity, especially when it comes to giving. While it’s true…

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