PowerOptionsApplied - Tax Advantages through the Use of Broad-based Index Options
PowerOptionsApplied.com's advisory newsletter products use ONLY broad-based index options for trading. Subscribers who received the same net return from TradeFolio-based investments as they would have by holding a similar position in equity trades would generally pay significantly less in taxes on their taxable accounts.
Wilmington, DE (PRWEB) June 16, 2005 -- PowerOptionsApplied.com TradeFolios
offer tax advantages through the use of broad-based index
options.
PowerOptionsApplied.com, an online advisory newsletter that
publishes options trading recommendations for investors, notes that the Internal
Revenue Service offers favorable tax consequences for trading broad-based index
options.
PowerOptionsApplied.com's advisory newsletter products use only
broad-based index options for trading. Subscribers who received the same net
return from TradeFolio-based investments as they would have by holding a similar
position in equity trades would generally pay significantly less in taxes on
their taxable accounts.
An article and comparison of the index option tax
treatment vs. no tax treatment is available at this web address: http://www.poweroptionsapplied.com/tax-advantage.asp
According
to Greg Zerenner, PowerOptionsApplied.com's president, "In addition to an
enhanced tax position, subscribers have been enjoying higher average returns
than industry averages. Our TradeFolios range from 2% to a little over 5%
average return per month, while the S&P 500 is virtually unchanged from its
level 3 months ago. Many of our subscribers use our trades in sheltered (IRA)
accounts, those who do not, will save a little tax money when April comes
around."
PowerOptionsApplied.com is designed exclusively for investors
who don't have the time or desire to do their own research. Recommendations are
based on the patented SmartSearchXL technology tools. Auto-trade feature allows
subscribers to invest without direct broker contact for each trade.
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Source : http://www.prweb.com/releases/2005/6/prweb251702.htm