Wall Street Breakfast: Must-Know News [View article]
On Feb 02 12:12 PM charles hopfl wrote:
> Everyone wants a tax change for 2009. It would only be fair and > prudent to allow (at least) individual stockholders to take their > losses on security sales as ordinary losses instead of capital losses.
Why should investors (including myself) get a break? We gambled, we lost. Time to pay the piper. This is what being an adult is all about.
> The majority need some help desperately.
Yes, but the majority are not investors, except in retirement vehicles with no tax losses to worry about.
Wall Street Breakfast: Must-Know News [View article]
@know nothing: If there's one thing we learn every 4 years, it's that the average joe is dumber than a box of rocks.
On Jan 28 09:18 AM know nothing wrote:
> There have been a number of people asking lately,if they should take > out their 401K money.When asked why they would do that? (after the > declines already suffered) Their concern was that the gov't would > through deception,would take what little they have left. > The average "Joe". american is still very uncomfortable!
Wall Street Breakfast: Must-Know News [View article]
On Feb 02 12:12 PM charles hopfl wrote:
> Everyone wants a tax change for 2009. It would only be fair and
> prudent to allow (at least) individual stockholders to take their
> losses on security sales as ordinary losses instead of capital losses.
Why should investors (including myself) get a break? We gambled, we lost. Time to pay the piper. This is what being an adult is all about.
> The majority need some help desperately.
Yes, but the majority are not investors, except in retirement vehicles with no tax losses to worry about.
Wall Street Breakfast: Must-Know News [View article]
If there's one thing we learn every 4 years, it's that the average joe is dumber than a box of rocks.
On Jan 28 09:18 AM know nothing wrote:
> There have been a number of people asking lately,if they should take
> out their 401K money.When asked why they would do that? (after the
> declines already suffered) Their concern was that the gov't would
> through deception,would take what little they have left.
> The average "Joe". american is still very uncomfortable!