What's the Difference Between Long-Term and Short-Term Capital Gains?

Here at Pyle Financial Services, we act as a fiduciary, not a salesman, to protect your interest above ours. Today, want to discuss how you can grow money in the stock market efficiently!

The growth of a portfolio is taxed as either short-term or a long-term capital gains rates. Short-term rates are for investments held for less than 12 months and are the same as your income tax rate. Long-term capital gains are for investments held for more than 12 months. 

While many advisers will hold their clients' investments for at least 12 months to ensure long-term capital gains, there are other strategies available to manage not only the short-term capital gains, but to eventually eliminate or significantly reduce long-term capital gains. It's not just about how much you make, it's about how much you keep! 

If you have any questions about how we can help you keep more of what you make, give us a call or visit us at www.PyleFinancialServices.com. We would love to give you a hand!