3 Ways to Limit Capital Gains Taxes

Below you'll find three ways to ensure you keep as much of your investment gains as you possibly can. Tax laws favor long-term investing; you'll pay a far lower rate of tax if you hold your stocks and bonds for longer than a year. If you're a day trader, you'll need to get used to paying ordinary income tax on any locked-in gains, but if you're a long-term investor, you'll be eligible for favorable long-term capital gains rates after you've held an investment for more than a year.