Capital gains Quote by Burton Malkiel
“Index funds do not trade from security to security and, thus, they tend to avoid capital gains taxes.”
About This Quote
Source Book: A Random Walk Down Wall Street, 1973
Index funds avoid frequent trading, reducing capital gains taxes.
In simple terms: Index funds lower tax burdens through passive investing.
Consider low‑cost index funds for tax efficiency.
Themes
Mood
Type
When to use this quote
- retirement planning
- tax‑advantaged accounts
- wealth building
Key Concepts
Questions to Reflect On
- Do you prioritize tax savings over potential higher returns?
- How does market timing affect index investing?
Market volatility still impacts returns.