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Capital Gains

These gains don't cause pain. A capital gain is the amount of money you pocket by selling one of your investments for more than you paid for it. Technically, capital gains only count for what's called a capital asset, but that's really just anything you own for investment purposes. Stocks and bonds obviously qualify, but your house and household furnishings can also count.

For tax purposes, capital gains are classified as either long-term (held for more than one year) or short-term (held for less than one year) and there are different tax implications for how long you hold onto a capital asset. For most long-term capital gains, you're taxed no more than 15% of the value of the asset. Short-term gains get taxed as regular income, so you pay the rate for the tax bracket you're in.

Capital gains can also be realized or unrealized. When you physically sell an asset like a stock, you've realized the capital gain. When you're holding the stock, and it has a value over its purchase price, but you're not selling it, you've got an unrealized gain, and you won't realize it until you sell.

In a perfect world, we'd all have capital gains. But no one¿s that smart or lucky. When the value of an asset at sale is below what you've paid for it, it's called a capital loss. The good news is that the government lets you count that loss against any gains you've had, lowering the taxes you pay. In fact, many people who sell a stock that has risen far over their purchase price tend to sell some stinkers, too, at the same time for the tax benefit. This is known as a capital-loss offset.

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Broadcom Announces Conference Call to Review Second Quarter 2008 Financial Results

 
Comtex
 

IRVINE, Calif., June 30, 2008 /PRNewswire-FirstCall via COMTEX/ ----Broadcom Corporation (Nasdaq: BRCM), a global leader in semiconductors for wired and wireless communications, will conduct a conference call with analysts and investors following the release of its second quarter 2008 financial results on Tuesday, July 22, 2008 at 1:45 p.m. Pacific Time; 4:45 p.m. Eastern Time. The conference call, which will include information regarding current and future products and technologies, end market trends, and the company's current financial prospects, will be conducted by Scott McGregor, Broadcom's President and Chief Executive Officer, and Eric Brandt, Senior Vice President and Chief Financial Officer.

After the close of the market on July 22, and prior to the conference call, Broadcom will distribute a copy of the second quarter 2008 financial results press release via PR Newswire. To listen to the webcast, or to view the press release or the other financial or statistical information required by SEC Regulation G, please visit the Investors section of the Broadcom website at http://www.broadcom.com/investors. The webcast will be recorded and available until 5:00 p.m. Pacific Time on Tuesday, August 5, 2008.

About Broadcom

Broadcom Corporation is a major technology innovator and global leader in semiconductors for wired and wireless communications. Broadcom(R) products enable the delivery of voice, video, data and multimedia to and throughout the home, the office and the mobile environment. We provide the industry's broadest portfolio of state-of-the-art, system-on-a-chip and software solutions to manufacturers of computing and networking equipment, digital entertainment and broadband access products, and mobile devices. These solutions support our core mission: Connecting everything(R).

Broadcom is one of the world's largest fabless semiconductor companies, with 2007 revenue of $3.78 billion, and holds over 2,600 U.S. and 1,200 foreign patents, more than 7,450 additional pending patent applications, and one of the broadest intellectual property portfolios addressing both wired and wireless transmission of voice, video, data and multimedia.

Broadcom is headquartered in Irvine, Calif., and has offices and research facilities in North America, Asia and Europe. Broadcom may be contacted at +1.949.926.5000 or at http://www.broadcom.com.

Broadcom(R), the pulse logo, Connecting everything(R), the Connecting everything logo are among the trademarks of Broadcom Corporation and/or its affiliates in the United States, certain other countries and/or the EU. Any other trademarks or trade names mentioned are the property of their respective owners.

 Broadcom Investor Relations Contact T. Peter Andrew Vice President, Corporate Communications
   949-926-5663 andrewtp@broadcom.com Broadcom Media Contact Bill Blanning Vice President, Global Media Relations 949-926-5555
   blanning@broadcom.com 

SOURCE Broadcom Corporation; BRCM Corporate

http://www.broadcom.com 
Copyright
   (C) 2008 PR Newswire. All rights reserved
 

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