President Biden is expected to announce a proposal to raise the captial gains tax rate on individuals with investment income greater than $1 million per year from roughly 20% to ~39%. This is nearly double the current rate and could have significant impacts on the stock market…
There are risks associated with investing in securities. Investing in stocks, bonds, exchange traded funds, mutual funds, options and money market funds involve risk of loss. Loss of principal is possible. Some high risk investments may use leverage, which will accentuate gains & losses. Foreign investing involves special risks, including a greater volatility and political, economic and currency risks and differences in accounting methods. A security’s or a firm’s past investment performance is not a guarantee or predictor of future investment performance.
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All information detailed should not be interpreted as investment advice and you should do your own research before making an investment decision. CRD 286061. Dylan Quintilone CRD 6732024, Paul Clay CRD 7145606.