InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,567.19
(
1.06%
)
US TECH 100
19,828.00
(
0.95%
)
Dow Jones
39,375.87
(
0.17%
)
Brent Oil
86.78
(
0.00%
)
Bitcoin
57,950.21
(
2.30%
)
Post# of 47147
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

ls7550

Send PM Follow Ignore
Followers 15
Posts 2723
Boards Moderated 2
Alias Born 01/05/2004

ls7550

Re: None

Friday, 12/21/2012 8:04:36 PM

Friday, December 21, 2012 8:04:36 PM

Post# of 47147
Mutual Fund Tax Bombs

Saw this on another board :

How would you like to invest $50,000 in a mutual fund, never sell a single share, then seven weeks later receive a federal tax-bill of almost $9,000 for short-term gains?

When real yields turn positive again and there's a possible fast/large outflow from gold/silver ETF's, could that be a case of the "think twice before buying a shrinking fund" tax risk mentioned in that document?

Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up