Capital Gains...

Did you know that if you are in the 15% or less tax bracket, that your long term capital gains rate is 0% until 2010?

Yes o%....that is a savings of 5%. ( normally if you are in the tax bracket below 15% your capital gains rate on long term ( more than 1 year) is 5%, if you are higher than the 15% tax bracket then your long term capital gains is 15%.

Example: I own 1000 shares of Walmart stock that I bought at $45 in 2006, and want to sell it now at$60...if my ordinary income falls below the 15% tax bracket, the capital gains I would have paid would have been

$6000-$4500= $1500 gain * 5%=$75 to the tax man I don't have to pay anymore, bc the rate is 0% until 2010!

May be time to sell some gains in your stocks and diversify elsewhere?