Posted by George Marsh on January 01, 2015 at 05:27:22 from (50.104.121.187):
In Reply to: Re: Investments 2014 posted by John T on January 01, 2015 at 04:59:44:
JohnT Sometime one has to learn how to turn the 2008 loss into a gain. I sold some stock in 2008, took a big loss, but that loss is used to off set any capital gains or my CPA takes $3k income each year. That translates into about a $1k annual tax savings.
I put the money back in to the market in Jan 2009. So I took advantage of my loss. INCOME TAX REALCOATION.
Short term investments that look good are building trust funds, paying 6.25-7% guaranteed plus a bonus.
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