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More specifically, this may mean taking gains before taxes go up or putting less emphasis on stocks with hefty dividends.
That focus on wellness extends to Mr. McNeill, who, because of a steroid he has been taking, gained about 60 pounds in a six-month period.
The FTSEurofirst 300 index of top European shares closed 0.9% higher at 1,645 points, powering past its 2007 peak and taking gains so far this year to 20%.
Smart institutional investors and company insiders have already begun taking gains.
A plan to relocate to an income-tax-free state would be a strong reason to defer taking gains.
They both guide you toward taking gains after 12 months (for the lower tax rate) but losses before.
So consider taking gains in 2010, particularly if you'll need funds in the next few years.
The 2003 tax cuts championed by President Bush dropped the top capital gains rate to 15%, its lowest level since 1933, providing a good window for taking gains.
Next, if you're considering retiring to a low-or no-income-tax state such as Florida or Nevada, try to postpone taking gains until after you move.
Or perhaps it is has to do with the fact that traders are taking gains from the Santa Claus rally, which spurs a round of selling in nervous markets.
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