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Taking a Tax deduction on your stocks losses and the Wash Sales rule »

Taking a Tax deduction on your stocks losses and the Wash Sales rule

By Faris Petro – 12/21/2008 There is a technique some investors use to take advantage of a tax deduction on their losing stocks and then repurchasing the same stocks at a lower price. The technique is as follow: If you own a stock that has lost a lot of value since the time you bought [...]

Dr. Doom »

Dr. Doom

Taken from www.nytimes.com website By STEPHEN MIHM Published: August 15, 2008 On Sept. 7, 2006, Nouriel Roubini, an economics professor at New York University, stood before an audience of economists at the International Monetary Fund and announced that a crisis was brewing. In the coming months and years, he warned, the United States was likely [...]

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