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 - Fasteners: The Nuts and Bolts of Nuts and Bolts - by Curtis Von Fange. The nuts and bolts of nuts and bolts is an interesting and essential piece of knowledge that applies to our older tractors. An improperly torqued capscrew on an engine head or a shear bolt that is too hard on the driving shaft of a bushog can create havoc and make an expensive and uncalled for repair. Let’s examine the purpose and design of these fasteners in order to ensure their proper use. Fasteners are probably one of the aspects of mechanics that is given the least amount of thought.
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