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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?

To: Metacomet who wrote (64488)10/30/2006 3:30:57 PM
From: Chuckles_Bee  Respond to of 312482
 
If you want an ETF and are concerned with taxes (who isn't?)..."CEF, like other mutual funds, gets capital-gains treatment, so long-term gains are taxed at a maximum of 15% by Uncle Sam. The ETFs are taxed as collectibles, which means a rate as high as 28%."

If you are a volatility player, CEF is handicapped by having gold (and by being an ETF).
Compare CEF, GLD and SLV for the past month (+1%, +1%, +6% respectively). SLW is +14%.

Regards,
CB.


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