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Duncan Richardson quotes

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    I Like this quote I dislike this quote“Taxes can be the single biggest cost of mutual funds.”

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    I Like this quote I dislike this quote“A lot of people don't even know their tax bracket.”

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    I Like this quote I dislike this quote“But they don't have a clue as to what to do about them.”

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    I Like this quote I dislike this quote“Investors who had been less aware of mutual fund taxes had a rude awakening in 2000, when many funds had low or negative returns but still paid out large taxable distributions. Many shareholders who, in the past, might have been dismissive about fund taxes were horrified to learn they will be paying taxes on fund investments on which they lost money last year.”

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    I Like this quote I dislike this quote“Investors express concern about taxes and the tax implications of investing but are confused by a subject hat can become complicated very quickly.”

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    I Like this quote I dislike this quote“Up to a quarter of an investor's return can be surrendered to Uncle Sam, and in a low-return environment like we experienced last year that can be meaningful. I'm patriotic, but you should not pay too much in taxes if you don't have to.”

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