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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: shades who wrote (67284)	8/12/2005 8:26:30 AM
From: Moominoid	Read Replies (2) \| Respond to of 74559

Thanks! So Cramer "called the top"? I went to Street.com and I couldn't find anything yet. Capital gains - I think you need to take this into consideration but rationally. A lot of people aren't. My Dad for instance instructed his broker never to sell more shares per year than the tax free allowance that then existed in the UK. Regarding the LT rate, unless you plan to hold forever you are going to pay some time so the question becomes what is the value of delaying paying the CGT and that is the lost expected gains on the value of capital you end up paying to the government in the period up till when eventually you'd pay up. With a 15% rate on just the gain, and a nearer term loss vs. future ephemeral gains... The existence of the short and long term rate complicates things. Turning a long-term gain into a short-term one can be a big hit. So you might want to avoid trading what you expect to be wiggles but what might be 1-2 year or more swings should usually be traded I think. I think it is best to work out a rational policy on these things. Another issue is what will happen to taxes in the future. Will the CGT go up again? Or down to zero?