Taxes On Investments

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encompass from fifty to seventy percent of an individual's investment portfolio. However, the lower capital gains tax makes the idea that, although tax considerations should not affect the perceptions of the soundness of a particular investment, lower capital gains taxes make investments in potential capital gains seem more sound to most ears.
Also, tax rates are unlikely to get lower because of the budget deficit and the possibility of an upcoming Kerry presidency. Thus it might be a good idea to sell risky stocks now, diversify into more conservative stocks, and cut one's losses. In short-take the gains you have now. Don't ride a roller coaster of profits and losses, simply because of a fear of incurring a tax in the immediate future, in other words.
Retirement accounts are another consideration when evaluating one's personal economic situation. One possible option under current economic conditions is to move funds from a traditional IRA into a Roth IRA and pay the tax ...

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