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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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Women Can Stop the Fireworks on Independence Day: Psychotherapist Offers Tips for Women in Abusive Relationships

 
Comtex
 

DALLAS, July 2, 2008 /PRNewswire via COMTEX/ ----This Fourth of July can be a show-stopping fireworks display in the sky, or for some women, a show of independence from the reality of crippling personal fireworks of hurtful emotion and abuse. Dallas psychotherapist and founder of Lifeworks Counseling Associates, Melanie Wells, believes in the importance of educating women and adolescent girls about the signs and dangers of abusive relationships.

"Women should remember that not all abuse is physical," said Wells. "Abuse is often hard to spot and includes a wide spectrum of behaviors."

Wells offers four warning signs to women who believe they could be involved in an abusive relationship. "Confusion is often the first sign," says Wells. "If you're frequently confused by your partner's behavior and find yourself saying, 'It's like he's two different people,' then pay attention to how you feel when you're with this man."

According to Wells, abusive relationships are regularly characterized by feelings of fear, guilt and shame. "Abused women are always trying to 'fix' themselves rather than paying attention to how they're being treated. Eventually, they become overwhelmed with self-doubt."

Another sign is that unhealthy behaviors often go unnoticed because they have become normal to those involved. "The tension is such a constant in abusive marriages that women in these situations often don't notice the fear they feel. Emotions in these households are contagious. If Dad is mad, everyone else in the family feels tense and afraid."

Wells also points to "loss of self" as a marker of abusive relationships. She states that when women spend more time trying to figure out how he feels, what he's done and why -- rather than asking themselves, "How is this affecting me and what am I going to do about it on my own behalf?," they've lost who they are.

Finally, Wells contends that the most difficult sign to spot is when women blur the lines between acceptable vs. abusive behavior. When this happens they have become abuse-able and are actually participating in the abuse by tolerating it or lying to themselves about it.

"If your daughter were in a relationship that looked like yours, what would you tell her?" says Wells. "If you'd tell her to 'get out now,' then that should be your response, too. While July 4th is a reminder, don't wait until a benchmark holiday to address abuse in your relationship. Declare your independence now."

For additional information regarding handling abuse and other relational difficulties, visit Lifeworks' Web site at http://www.WeFixBrains.com. Along with being a licensed therapist, Wells also is author of a series of fictional psychological thrillers, "When the Day of Evil Comes," "The Soul Hunter," and "My Soul to Keep." All books incorporate her experience as a psychotherapist and are available at bookstores and online retailers. Visit http://www.MelanieWells.com for information.

FOR INFORMATION, CONTACT:

Vicki Morgan 972.267.1111

vicki@alarryross.com

SOURCE Melanie Wells

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

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