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Investors: Avoid These 5 Common Tax MistakesSounds like a good plan, right? Well, it is, but be aware it can get a bit complicated. Under what is commonly called the “wash sale rule,” if you repurchase the losing stock within 30 days of selling it, you can't deduct your loss. In fact, not only are you precluded from repurchasing the same stock, you are precluded from purchasing stock that is “substantially identical” to it – a vague phrase that is a constant source of confusion to investors and tax professionals alike. Finally, the IRS mandates that you must match long-term and short-term gains and losses against each other first. [More] | 12 Tips For Getting The Most Value From The Cashflow 101 Game10. Play it real. Change the job cards to the actual jobs that some of your Cashflow circle members has and see how different people would get out of your financial situation. Example: Job Title - Store Checkout Clerk, Salary $1,500, Taxes $300, Monthly Cashflow $150, etc. [More] | Glide into Tax Season with Solid Financial PlanningConsider a variable annuity. Only annuities can provide guaranteed income for life upon retirement, and many variable annuities offer flexibility and a wide choice of investment options, ranging from guaranteed interest accounts to aggressive investment underlying funds. Guarantees are subject to the claims-paying ability of the issuing insurance company, so be careful to choose an insurer with a solid financial history. [More] |
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Credit Suisse Loses Confidence in Retailers
Shortly after the opening bell, brokerage firm Credit Suisse offered some opinions on the retailing sector, and the reviews were not positive...(Winners and Losers for Week Ending 09/15/06
A few big winners this week…
ANGN +91%, APCC +22%, APCC +22%, APN +25%, BJRI +21%, CAMD +21%, EDU +25%, FNET +66%, FSL +22%, GRA +22%, IRBT +25%, LQDT +27%, NSS +40%, OIIM +21%, PRGX +76%, QMED +.
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