Sunday, December 11, 2005

Giving Yourself a Tax Cut on Investments - New York Times

The NY Times has several good tips on lowering tax bite on your investments.

Giving Yourself a Tax Cut on Investments - New York Times: For instance:
"Every year in late November or December, mutual funds distribute to their shareholders the gains they realized by selling stocks that year."
and
"So-called tax-efficient funds, which manage money with taxes in mind, are also considered a relatively safe bet. But be sure to hold these investments outside a tax-advantaged account because they are already tax-efficient."

1 comment:

Anonymous said...

"Every year in late November or December, mutual funds distribute to their shareholders the gains they realized by selling stocks that year"

I don't see how that gives me a tax cut.