The Fiscal Cliff: Why Selling Now Is Not Always The Best Strategy
The daily fiscal cliff news coverage is causing irrational investor behavior regarding unrealized long-term capital gains (LTCG). Without congressional action the LTCG rate is set to increase from 15% in 2012 to 20% in 2013. In addition, high earners are subject to a 3.8% Medicare surtax applied to all capital gains. (income greater than $250,000 […]