Unload It on the In-laws tax loss guidance
Reader asks how to claim a stock loss after a collapse or liquidation. Advice covers treating liquidating distributions as a sale, using cost basis to compute loss, and rules for worthlessness. Suggests broker help or selling pennies to family members, and notes publication 550 and IRS contact for more details. Day traders are defined briefly.
MENTIONED IN THIS ARTICLE
Ruby M
Rocklin
Calif
IRS
Fool.com
San Luis Obispo
My Dumbest Investment Lesson From the 70s
A reader recalls investing in a growth mutual fund in 1972, switching to a bank stock after ten years, then buying a bank when it went public only to see it fail after real estate losses and RTC takeover. The Fool advises researching past and future performance, comparing peers, understanding the business, and staying patient through temporary slumps.
MENTIONED IN THIS ARTICLE
Resolution Trust Corp
D.M
Fair Lawn
Name That Company From Sol Price Frugal Model
The riddle points to a retailer started by Sol Price called Fed-Mart. It operates over 280 locations, charges customers even without purchases, and lacks traditional advertising or credit card acceptance. It imposes exclusive shopping hours for business customers and carries about a tenth of competitors’ product selection, yet has seen sales growth in the last decade.
MENTIONED IN THIS ARTICLE
Sol Price
Visa
MasterCard
American Express
Foolish NBA cutbacks spark living below means tips
A humorous reader list on the Motley Fool urges NBA players during a lockout to trim costs with ideas like hiring reductions and bulk food so they can survive the income gap. It warns fans to protect their finances with a 3 to 6 month cushion and avoid risky stock market shifts for emergency funds.
MENTIONED IN THIS ARTICLE
America
NBA
Fool
Johnson and Johnson trivia puzzle entry
Born in 1886 in New Jersey and active in 175 countries with products like Acuvue Ortho-Novum Retin A Monistat Mylanta Reach Nicotrol and Imodium A D the firm runs 180 operating companies across five countries. It posted 23 billion in sales with 157 800 stock owners despite 240 million in penalties for cyanide poisonings in 1982 and 1986 and a 146 million charity contribution in 1997.
MENTIONED IN THIS ARTICLE
New Jersey
Johnson & Johnson
Credit card penalties and tips to avoid them in a price war
Consumers can still get good rates by shopping carefully and paying on time. Banks lure with low introductory rates and no annual fees but may raise rates to boost revenue. Pay more than the minimum, shift to the lowest rate card, read the fine print, and negotiate or switch issuers if penalty rates apply.
MENTIONED IN THIS ARTICLE
McKinley
Catherine J. Cummings
MasterCard International
CFA
Brobeck
Black River Cafe Opens With Local Wine License Quest
Oberlin area cafe owner Waltzer advocates local option wine license after victory on ballot. Menu features marinated tofu, turkey club, mushrooms, mozzarella pepper sandwiches, soups, with prices around 5 dollars and $1 for bagels. Hours 7:30 to 3 midweek, 9 to 3 weekends. The former Main Street Mercantile with slate décor emphasizes local imagery. Restaurant employs nine and aims for dinner service and stronger support of local agriculture.
MENTIONED IN THIS ARTICLE
Black River Cafe
Waltzer
Oberlin
Black River Watershed
Black River
Main Street
Barbara Karbler
Bank consolidations reshape Ohio and national banks
The Ohio Department of Commerce notes eight new state bank charters since March 1995 while total state charter banks fall from 139 to 125 due to mergers. Col umbus based Banc One and First Chicago NBC Corp merge creating a $230 billion holding company, amid plans for NationsBank BankAmerica and Citicorp Travelers Group deals. Banking officials say both megabanks and community banks can coexist as consolidation continues.
MENTIONED IN THIS ARTICLE
American Bankers Association
Ohio Department of Commerce
Federal Reserve Board
Banc One
First Chicago Nbc Corp
NationsBank
BankAmerica
Citicorp
Travelers Group
W. Curtis Stitt
Ohio
Stitt
KeyCorp
Bill Marschel
David Bowers
Case Western Reserve University
Weatherhead School of Management
Portage Community Bank
Bowers
What Is This Thing Called The Motley Fool
A concise explainer links Shakespearean fools to modern investing. It notes Motley Fool aims to tell the truth about markets in a witty, candid way and invites readers to join in laughing at risks while seeking gains.
MENTIONED IN THIS ARTICLE
Motley Fool
Dell posts 51 percent revenue surge amid strong high end mix
Cen EL The Whole Story Cell Computer reports a solid third quarter with 34.82 billion revenue and 0.28 dollar per share. Laptop, servers and workstations show strong sequential gains while lower priced desktops grow slowly. Analyst Kumar flags desktop slowdown but Dell’s high end growth compensates.
MENTIONED IN THIS ARTICLE
Piper JalTray
Ashok Kumar
Dell
Intel
Kumar
Also Mentioned on This Page
Crima
P.O. Box
Alexandria
Selena
the Motley Fool
Dist
Univ
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THE
Niewepa Prebrchive
Cen
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