Thursday, November 08, 2012 / by Todd Franz
THE ELECTION IS OVER....SO NOW WHAT? What does this mean for interest rates, mortgage rates, tax law?
Get a plan ready now...here is why--
"Make an appointment with your broker and your tax adviser for the week between Christmas and the new year; don't let them take vacation..."
"Currently both capital gains and dividends are taxed at a top rate of 15 percent. Absent a new law, gains will be taxed at a maximum rate of 20 percent and dividends will be taxed as ordinary income..."
Are you a buyer? What are interest rates going to do? Should I buy now or wait?
Read the full article here....http://www.reuters.com/article/2012/11/07/us-column-stern-advice-idUSBRE8A623520121107
Thanks and have a great weekend!