Answer the following statement(s) true (T) or false (F)

1. To reduce your capital gains tax liability, you should sell property or stocks before you have owned them for one year.
2. Your principal is guaranteed in a mutual fund.
3. Taxes are higher on long-­?term capital gains than on short-­?term capital gains.
4. Management fees are charged for mutual funds.
5. You will have to pay taxes on capital gains.


1. False
2. False
3. False
4. True
5. True

Language Arts & World Languages

You might also like to view...

A comparison-contrast essay

A) describes the steps in a process. B) examines the similarities and differences. C) uses thought details to reveal personal thoughts and feelings. D) all of these.

Language Arts & World Languages

Read each sentence carefully and choose the prefix or suffix that is most appropriate

I know Max was not feeling well because his bowl of dog food remain ___touched. a. en b. un c. dis d. re-

Language Arts & World Languages

Jenny is writing a paper, and instead of putting her citations after each sentence she uses from her sources, she puts them at the end of each of her paragraphs. Which of the following options is true about how Jenny cited her paper?

a. She intentionally plagiarized from her sources b. She unintentionally plagiarized. c. She made a choice not to give credit. d. She made a conscious decision to steal ideas.

Language Arts & World Languages

The bank of the river was eroded from the flood

A) lake B) fountain C) shore D) pond

Language Arts & World Languages