I'm a noob investor and a noob on the board, although I have been lurking for a while.
I have a very Noob question, so please don't laugh. My understanding is that you get taxed at different rates on capital gains depending if you hold an investment for less than a year or more than a year. Would someone please be kind enough to tell me what those rates are and if my understanding is correct?
And yes, to my wife and we have a substantial sum invested in PTSC, although it may only be a pittance to others on this board. So just like the rest of ya'll, I'm here to see the Green!
Thx in advance for the responses.