Posts Tagged ‘capital-gains’

With the recent stock market volatility, I am sure a lot of us are having second thought about the stock market. Some may even ask, “Should I get out of the stock market?” The answer is it depends. Personally, I am holding steady and continuing to invest for the long-term. I [...]

This question came to me when I was reading The Dough Roller’s post about why do mutual funds close to new investors. Part of the post read:
“…taxes for existing investors went up after a fund closed. Why? Because there was no longer an influx of new investors to share the tax burden.”

Photo via Wikipedia, [...]

I just got hammered by a mutual fund double whammy. Since I bought my SSgA Tuckerman Active REIT (SSREX), it lost nearly 6%, then the fund distributed $2.9418 per share last Friday. The end result? The fund is now down almost 20% and I will have to pay capital gains tax on [...]

After I wrote “The Weak Dollar is Killing Americans’ Wealth” for Consumerism Commentary last Thursday, I was still intrigued by this new perspective on wealth. As a visual person, I thought this alternative look at the same concept may be easier to grasp and would like to share it here.
Just press the big [...]

I mentioned previously that I made many financial mistakes in the past. One of the more serious ones was refinancing my mortgage from 30 years to 15 years in 2003 (about 4 years after I purchased my home). On the surface, I did a brilliant job of saving nearly $97,000 in interest expenses [...]