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View Full Version : ETF's taxed same as stocks ???

KaneKungFu123
11-16-2005, 05:18 PM
Do you ETF's go by he same tax rules as a stock (short term/long term) taxed at 15% if held for over a year?

What are some good books on trading ETF's? I would like something that coverages hedging your wins, predicting the future, etc.
KaneKungFu123
11-16-2005, 05:21 PM
Where can you view (any websites) the fees associated with each ETF and the companies it is invested in?

How about sites that show you what ETF's are averaging each year since their inception?
Sniper
11-16-2005, 05:31 PM
ETF connect (http://www.etfconnect.com)
KaneKungFu123
11-16-2005, 05:38 PM
[ QUOTE ]
ETF connect (http://www.etfconnect.com)

[/ QUOTE ]

thanks sniper, also how about the taxes?
Sniper
11-16-2005, 07:11 PM
Same tax rules... just be aware that some/most ETFs will throw off dividends and/or interest.
KaneKungFu123
11-17-2005, 05:31 AM
http://www.amazon.com/gp/product/0471655...ks&v=glance (http://www.amazon.com/gp/product/0471655074/002-2396528-3485633?v=glance&n=283155&n=507846&s=books&v=glanc e)

any good?
Sniper
11-17-2005, 09:14 AM
Haven't read it, but looks like it might be a decent intro into the world of ETFs and selling options to hedge your positions.

One warning when reading the section on naked put selling... this has bankrupted more than a few people.

So, make sure you follow up this reading with McMillan's books on options!