I was waiting until after the end of the year to sell some fund holdings and move money around to adjust my portfolio. I figured I had done enough this year (incurring enough extra tax liability) and I would "spread it around" into 2007.
With the Democratic congress, I'm reconsidering that approach. I'm thinking that perhaps I should just eat the extra capital gains this year, as sooner or later I'm guessing the CG rate is going to go up. It may not happen in 2007, but if it did I'd be kicking myself...
What does everybody else think?
With the Democratic congress, I'm reconsidering that approach. I'm thinking that perhaps I should just eat the extra capital gains this year, as sooner or later I'm guessing the CG rate is going to go up. It may not happen in 2007, but if it did I'd be kicking myself...
What does everybody else think?