Sunday, August 22, 2010
Christmas Sentiment For Neighbor Economic woes more
Evaluate y ou r investments, with an eye on the potential tax consequences. Keep your winners if you still like them for the long haul. But consider selling or trimming your stake in any investments with big gains if you have losses you can use to shelter them from taxes.\n\nThis is also a good time to conside r selling laggard mutual funds in a taxable account. Reason: You avoid capital-gains pa y outs, usually made in November or December. \n\nFunds must pa y out these gains to sha r eholders, and you pay tax no matter how long you’ve owned the fund shares and regardless of whether you take cash or reinvest in the fund. This year’s taxable payouts likely will be larger than usual from manyd to a national average approaching 10 percent. \n\nMo r eover, the D.C. metropolitan area should rebound faster than other parts of the countr y as the federal government is projected to hire an additional 120,000 people in the region over the next few years, according to the nonprofit Partnership for Public Service. Adding to the area’s investment appeal is that Maryland’s Montgomery County and Virginia’s Fairfax County are two of the wealthiest counties in the country. \n\nAn excellent wa y to capitalize on the a r ea’s resilience is through Eagle Bancorp, which provides commercial and consumer banking at 13 branches in the suburban Washington, D.C. region. \n\nAs othe r banks made risk y CHTMraised $ 48 million in a stock Offering, Some Of Which will likely be Used to expand ITS Operations. And in a strong vote of confidence in the bank's prospects, insiders Eagle Have Been Buying the stock hand over fist, at a time when to corporate insiders across America overwhelmingly Have Been sellers of stock. Eagle insiders now own Approximately 18 Percent of the outstanding shares and Obviously Have a strong incentive to see the company prosper.
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