Capital gains Quote by Burton Malkiel

“Index funds do not trade from security to security and, thus, they tend to avoid capital gains taxes.”

Burton Malkiel

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Capital gains Capital gains tax Cybersecurity Fund Gains Index funds Investing Security Taxes Trade

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Never buy anything from someone who is out of breath.

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A blindfolded monkey throwing darts at a newspaper's financial pages could select a portfolio that would do just as well as one carefully selected…

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J.P. Morgan once had a friend who was so worried about his stock holdings that he could not sleep at night. The friend asked, 'What should I do about my stocks?' Morgan replied, 'Sell down to your sleeping point' Every investor must decide the trade-off he or she is willing to make between eating well and sleeping well. High investment…

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Trust in time rather than timing,

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Index funds have regularly produced rates of return exceeding those of active managers by close to 2 percentage points. Active management as a whole…

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Index funds are... tax friendly, allowing investors to defer the realization of capital gains or avoid them completely if the shares are later bequeathed. To the extent that the long-run uptrend in stock prices continues, switching from security to security involves realizing capital gains that are subject to tax. Taxes are a crucially important financial consideration because the earlier realization…

Burton Malkiel

Experience conclusively shows that index-fund buyers are likely to obtain results exceeding those of the typical fund manager, whose large advisory fees and substantial…

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It's not that stock prices are capricious. It's that the news is capricious.

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Many of us economists who believe in efficiency do so because we view markets as amazingly successful devices for reflecting new information rapidly and,…

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Stupidity well packaged can sound like wisdom.

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Historically, the stock market is like a gambling casino with the odds in your favor. Over the long pull, stocks are given something like…

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It's like giving up a belief in Santa Claus.

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Nobody prefers to earn income any more, because that's taxable. Rich people prefer to make capital gains.

Michael Hudson

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Democrats who see virtue in the estate tax are doing the equivalent of aborting future enterprises. They deprive businesses of oxygen with their support…

Amity Shlaes

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Imagine his delight after it 'leaked' that he will propose raising taxes on the wealthy by $320 billion over the next 10 years, including…

John Podhoretz

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The wealth in many large estates has never been taxed because it is largely in the form of unrealized - therefore untaxed - capital…

Richard Thaler

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There were no jobs created in America from 1945, when the war ended, through 2003. How could there be? Taxes were too high. Preposterously…

Andrew Tobias

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The tax on capital gains in Canada is twice as high as in communist China and we wonder why our ideas are being held…

Pierre Poilievre

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I have worked with investors for 60 years and I have yet to see anyone - not even when capital gains rates were 39.9…

Warren Buffett

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I can make a firm pledge, under my plan, no family making less than $250,000 a year will see any form of tax increase.…

Barack Obama

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I think that Governor Romney operates on the capital gains tax, his investments, what he lives off of instead of doing it off of…

Allen West

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While it is probably a poor idea to own actively managed funds in general, it is truly a terrible idea to own them in taxable accounts... taxes are a drag on performance of up to 4 percentage points each year... many index funds allow your capital gains to grow largely undisturbed until you sell... For the taxable investor, indexing means…

William J. Bernstein

Every time we've cut the capital gains tax, the economy has grown. Whenever we raise the capital gains tax, it's been damaged. It's one…

Grover Norquist

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“If the stock market continues to advance, we know that inequality will increase, for capital gains on equities accrue disproportionately to the top income…

Robert J. Gordon

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Capital gains Quote by Burton Malkiel

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