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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: E_K_S who wrote (74732)12/30/2023 3:57:33 PM
From: Elroy1 Recommendation

Recommended By
petal

  Respond to of 78481
 
$SPX is not tax efficient. The index must book gains every year.

I didn't know this.

If SPX goes up 10% in a year, and you don't sell the SPX, you owe short term capital gains on your 10% increase?

That stinks!