Posted by Geo-TH,In on January 15, 2016 at 12:38:43 from (172.78.51.213):
In Reply to: Stock market posted by 37Chief on January 15, 2016 at 12:28:10:
Stan, Stock markets will always go up and down. Sometimes you win and sometimes you lose. At the end of the year if I lost $3k in a stock that I don't like, I'll sell. A $3k loss translates into a $1K tax savings. Can't do this with a 401 or IRA money. I have some stock in energy, lost 13% to date. I'm thinking oil will come back, but when? If it doesn't I'll sell it at the end of 2016 and take my loss. You can only use $3k per year, but the loss can carry over next year or whenever it's used up. George
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Today's Featured Article - On the Road with Dave Gohl: Auction Musings - by Dave Gohl. I was thinking the other day about all the auctions I've been to in the last few years. There've been many. Some have been very good, some have been well, disappointing to say the least. But no matter how good or bad auctions may be, we always seem to stay until the item we've come for or are interested in is on the block. I've been to some auctions near and far. I think the furthest has been the Two Cylinder 7 in the Amana Colonies last year. Lots of stuff, lots of people. I've also atten
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