What is the reason for using funds

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(1) What is the reason for using funds to hold your investment in stocks and bonds?

(2) What are the things an investor needs to watch out for when buying and selling funds, that might cause higher taxes? (Hint: remember that short term capital gains are taxed at a higher rate than long term capital gains, and that wash sales take away the tax benefit of selling investments for a loss)

Reference no: EM133036107

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