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Nov 16 2005

Taxing Year for Mutual Funds

"Mutual fund investors could be in for a nasty surprise come tax time," says Linda Stern of Reuters. She explains why this is an issue this year, and offers some ideas to help, including: "Do some math, sell other funds in which you have losing positions, be careful what you buy with the money you reap via selling, choose your future funds carefully, and ...consider using exchange-traded funds instead of traditional mutual funds." Details on these strategies and other background information can be found in the complete article at the Hearld Daily News.

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