Every year around this time, we receive many inquiries about the tax treatment of wash sales. To help you gain a little more clarity on the topic, we’re providing an updated version of our “Wash Sales FAQ”
I began applying computerized research to the stock market back in 1969 and still run more than a billion dollars in investor capital in my investment advisory firm, so I found the Mark Hulbert article in this week’s Barron’s to be of more than a little interest.
The major stock market indexes finished higher last week: The Dow Jones Industrial Average gained 1.14%, the S&P 500 Stock Index rose 1.65%, the NASDAQ Composite climbed 2.18%, and the Russell 2000 small-capitalization index tacked on 2.07%.
When it comes to the colors of the holidays, investors seek to “avoid the red” and “make lots of green.” Another colorful item may help with this goal: gold.