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3 ETF Capital Gains

I regretfully announce that 3 ETFs all issued by SSgA will be giving their investors capital gains this year.

  • S&P Pharmaceuticals ETF (NYSE Arca: XPH)
  • Lehman Aggregate Bond ETF (NYSE Arca: LAG)
  • Lehman 1-3 Month T-Bill ETF (NYSE Arca: BIL)

What this means

ETFs are known for their tax advantages over mutual funds who often give investors unwanted taxable capital gains at the end of the year.  What drives many out of these funds if getting hit with capital gains and big loses.  This capital gains issue represents a big mismanagement by SSgA and they should be scolded since they are a leader in the industry.

Read a full article about it here

Wiser Wealth Management, Inc. is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.

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Meet Daphne, our Financial Planning Intern. She is studying Finance at The University of Georgia. We are excited she's joined us for the summer!

https://conta.cc/3Ov1Fub

Your Medicare premium is affected based on which tax bracket you fall within after age 63. IRMAA is your income-related monthly adjustment amount. Watch today's video to learn more about how IRMAA works.

https://conta.cc/3zK9WGw #irmaa #medicare

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https://conta.cc/3Mz2z7D #recession2022 #recession
https://youtu.be/45TvHaZf4z4#recession2022

Happy birthday to LJ our Video Production Manager! LJ works behind the scenes producing all of our podcasts and videos that we post every week. 🎉

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