Investor questions wash sale rules and mutual fund strategy
A reader asks if a same day sale and repurchase of 600 shares can generate a tax loss. The adviser warns the wash sale rule disallows the loss and urges waiting over 30 days. The second question covers a no load mutual fund with strong performance per the Ansbacher index and advises considering risk and goals before selling for a more aggressive fund.
MENTIONED IN THIS ARTICLE
Internal Revenue Service
Henry Ansbacher
Ansbacher
Trusts & Estates Magazine
Talley Predicts Stricter Hiring By Realtors After Fund
Real Estate Commissioner J. Fred Talley told Scottsdale brokers the real estate recovery fund, effective next July, will raise standards for hiring salesmen. Financed by a $20 broker and $10 salesman license surcharge, it offers up to $10,000 malpractice protection, with repayment and license- reinstatement rules, and aims to improve the profession’s image.
MENTIONED IN THIS ARTICLE
J. Fred Talley
Talley
Births in Local Homes and Hospitals
The record lists births on Dec 2 at The Record, including a girl to Mr. and Mrs. Thomas O Leary of 6452 FB Cambridge. Also Dec 2 a boy to Mr. and Mrs. Leigh Charbonneau of Tempe and a girl to Mr. and Mrs. Bernard Casey of 9407 E Wilshire. A girl is noted for Mr. and Mrs. George Helms at 9502 E Montecito Ave with date in December.
MENTIONED IN THIS ARTICLE
Baptist
Thomas O'Leary
Cambridge
Girl
Physicians & Surgeons
Leigh Charboneau
Kenneth Pl
Tempe
Bay
Bernard Casey
E. Wilshire
George Helms
E. Montecito Ave
Permit Office To Be Closed This Week
The drivers' license office at 130 E Main St will be closed Wednesday Thursday and Friday to allow staff to attend an annual in service institute conducted by the State Highway Dept.
MENTIONED IN THIS ARTICLE
E. Main St
State Highway Dept
Mineral search planned for McDowell Mountain Regional Park
The mineral survey in Maricopa County parks will identify valid mining claims and remove invalid ones. Donald F. Reed, a mining engineer, will lead the one year study starting January 18 with a $12 000 fee. The effort aims to protect park development from mining conflicts and support the county master plan.
MENTIONED IN THIS ARTICLE
McDowell Mountain
Scottsdale
Maricopa County
Board of Supervisors
Donald F. Reed
Parks
Kenneth J. Smithee
Reed
Pontiff Grants Bishops Broad New Powers in Church Decree
Pope Paul VI read a decree titled Pastorale Munus granting bishops 40 permanent powers and new privileges. The action, given at St Peter's Basilica, expands authority including dispensation in mixed marriages. The ceremony also marked the 400th anniversary of the Council of Trent.
MENTIONED IN THIS ARTICLE
Vatican City
UPI
Paul VI
Ecumenical Council
Council
St. Peter's Basilica
Pericle Felici
Council of Trent
Oppenheimer Receives Enrico Fermi Award at White House
President Johnson awarded J Robert Oppenheimer the Enrico Fermi Award worth 50000 dollars at a White House ceremony. The honor followed Kennedy’s effort to restore Oppenheimer’s public standing after the 1954 AEC security risk designation. Henry D Smyth, the dissenting AEC member, attended and noted his belief in Oppenheimer’s loyalty.
MENTIONED IN THIS ARTICLE
Kennedy
Oppenheimer
AEC
Johnson
White House
Henry D. Smyth
Princeton
Gunman Robs Service Station in San Jose Stamp Theft
In San Jose California a gunman robbed a service station of 78.59 in cash on Monday and asked for trading stamps. The attendant complying under threat added 1.80 in stamps to the loot and escaped unharmed.
MENTIONED IN THIS ARTICLE
San Jose
Calif
UPD
Also Mentioned on This Page
William A. Doyle
Scottsdale Real Estate Board
Safari Hotel
U.S
United Press International
Albuquerque
Atlanta
Bakersfield
Bismarck
Boise
Boston
Brownsville
Chicago
Cincinnati Ad
Denver
Detroit
Fairbanks
Fort Worth
Fresno
Helena Ay
Honolulu
Kansas City
Las Vegas
Los Angeles
Miami Minneapolis
Milwaukee
New Orleans
New York
Oakland
Oklahoma City
Palm Springs
Pittsburgh
Portland
Red Bluff
Reno
Sacramento
Salt Lake City
San Diego
San Francisco
Seattle
Spokane
Thermal
Washington Bisbee
Buckeye
Carefree
Coolidge
Cottonwood
Douglas
Flagstaff
Fort Huachuca
Gila Bend
Globe Grand Canyon Guaymas
Kingman
Maverick
Ll McNary Ak
Page Parker
St. Joseph's
Venezuela
Democratic Action Party
Raul Leoni
Leoni
McDowell Mountain Park
McDowell Mountains
44Th Street
Phoenix
Arizona
Director of Supply and Property
N. 44Th Street
Scotisdale
Board of Education
Scottsdale School District
Harold Gade
By Rufus S. Goodwin
Russell
N. Scottsdale Rd
5Th Ave
Dalee
Ray Morehead
Messinger Mortuary
Raymond Morehead
F.H.A
E. Loma
N. Scot
Washington
Dwight D. Eisenhower
J. Robert Oppenheimer
The
Atomic Energy Commission
Enrico Fermi
President Kennedy
Cahill
Edmund
Old Scottsdale Rd
Bank For People
Arizona Bank
Lizomza Bain Foc
Lee Optical
Lee
Aston A
Mill Avenue
Tempe Center
Mesa 129
West Main
Christown 19Th Ave
Bethany Home Rd
Phoenix Thomas Mall
W. Adams St
E& Thomas Rd
VUMA
4Th Ave
Tucson
el Con Shopping Center
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!