Tax loss strategies and annuity vs savings bank inquiry
A reader asks how to claim a tax loss of up to 1000 by selling and repurchasing shares or switching to a different office machine stock. Advice covers short-term sale before year end, 31-day wait, or swapping A Office Corp for B Office Corp to realize similar losses and offset gains. Separate Q compares savings bank accounts with lifetime annuities, noting annuities pay lifetime income and can benefit heirs, while savings accounts grow by interest and can be drawn down.
MENTIONED IN THIS ARTICLE
Qui
Office Corp
Reynolds ” Metals
Kaiser Aluminum
Bethlehem Steel
Armed
Burlington and I Western Pacific
National
Cash Register
Sperry Randal
Minot
Laff a Day Provides Investment Stock Inquiry Note
A reader asks for a list of investment grade common stocks and requests a stamped self address envelope to mail the list to Mr Shusky. The note includes whimsical phrases about Santa and a call to shop the Want Ads for Christmas deals.
Marland Confirmed To Education Post
The Senate confirmed Sidney Marland of New York by voice vote as U S commissioner of education. Opposition from AFL-CIO cited his stance on teacher unionization and potential conflict of interest from his role with the Institute for Educational Development in New York. The move follows the dismissal of James Allen last June.
MENTIONED IN THIS ARTICLE
Washington
Senate
Sidney Marland
New York
U.S
Marland
Afl-Cio
Institute For Educational Development
Federation of Teachers
James Allen
Revised GI Bill Sent to President
Congress voted to extend education benefits under the GI Bill to dependents of servicemen missing in North Vietnam. It also cut the active duty time for eligibility for veterans benefits from two years to six months. The House completed action and sent the bill to President Nixon by voice vote.
MENTIONED IN THIS ARTICLE
Washington
Congress
North Vietnam
House
Nixon
Also Mentioned on This Page
Shusky
Aioe Seolode
the Gazette
Patsa Who
Joe Fischer
Seni
Sam
Shulsky
Amsterdam
UPI
Frans i van Bommel
Connie iBos
Carpetland
U.S.A
Arlans Discount Department Stores
Arlans
First Avenue East
Lindale Plaza
Cedar Rapids
BANK
Americaro
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!