Investors Should Take Stock of Pain Due After Gain
The Record, Bergen County, NJ › April 24, 2007
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Summary
When the Dow finally wiped out its late-winter losses to set a new record last week, it was good news no doubt about it.
But the more you make in the stock market, the more you pay in taxes. And new data suggest that mutual fund investors now enjoying the stock market's fine returns could well be hit with whopping capital gains distributions this year perhaps the largest ever.See the full content of this document
Extract
Investors Should Take Stock of Pain Due After Gain
That would bring some big tax bills next spring.
These bills have been mounting for a couple of years. The Investment Company Institute said last week that mutual funds paid out more t...See the full content of this document
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