James Welling, a 37-year-old engineer has an appointment to meet you in about an hour. As you are...

Question

James Welling, a 37-year-old engineer has an appointment to meet you in about an hour. As you are reviewing his accounts, you notice that he is a fairly active trader. He seems to do pretty well with returns that outpace the averages, but you can't help wonder how much he ends up paying each year in capital gains taxes.

As his appointment time approaches, you prepare a short explanation of the way that capital gains taxes may be hurting his net returns and the difference between short-term gains and long-term gains.

Prepare some detailed discussion points that cover the following:

How capital gains taxes may be hurting James' net returns.
The difference between short-term gains and long-term gains.
200 words and APA format Referencs

David · Accepted Answer

As James is good trader and he is able to produce the good returns on the trading 
activities of stocks, like buy and sells of the stocks. However, he is generating good returns 
on the trading activities, so that these activities is done in a year or could say that he is 
getting short – term investment gain on the stocks. Now when James is getting returns on 
short term,

James Welling, a 37-year-old engineer has an appointment to meet you in about an hour. As you are reviewing his accounts, you notice that he is a fairly active trader. He seems to do pretty well with...

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