In the meanwhile, you may also enjoy further appreciation in the value of your mutual fund
In the meanwhile, you may also
enjoy further
appreciation in the value of your mutual fund
in the
value of your mutual funds.
The most inefficient tax way to create wealth is to have reportable operating earnings, a Going Concern emphasis; while the most efficient tax way to create wealth is to have unrealized (and, therefore mostly unreported)
appreciation of asset
values, a Resource Conversion emphasis.There is a high level of comfort for a buy - and - hold OPMI investor such as Third Avenue, when investing
in the equities of companies which
enjoy strong financial positions.