May 12, 2021

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Market Update: May 12, 2021 The Upside to a Down Day

Transcript: Tom Vaughan: Well hello everybody, welcome to Wednesday. Unfortunately, the S&P 500 was down a little over 2.1% today. So it’s kind of the third day in a row that we’ve had a downturn, Red Shirt Day. Again, for those of you don’t watch this very often, it means more than 1.5% down when

May 12, 2021

What are the Difference Between Short and Long-term Gains?

Tom Discusses Short and Long Term Gains and Potential Ramifications Transcript: Katie Nealis: In 2020, I had more short term and long term gains to report. What is the difference?” Tom Vaughan: In 2020, more short term gains? Oh, yeah. And if you hold on to security for at least a year, and then sell

May 12, 2021