Month: December 2018

Be careful when pulling the trigger on those year-end and year-beginning market moves, as ”wash sales” of stock run into strict IRS rules.Getty Given the volatility in the stock market, especially the big drop in December, you may now hold some securities—whether stocks, ETFs, or mutual funds—that would generate capital losses if sold. “Harvesting” capital losses is a popular
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The Wall Street Journal reports Apple has lost nearly $9 billion this year buying back its own stock. Apple is one of those buyback monsters that has spent significant money to buy back their stock, not just this year but since 2013 Apple’s share count has declined from 6.5 billion shares to 4.5 billion —
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A pair of interlocking gears rest on top of a Social Security card.  GettyGetty The ongoing government shutdown that began on December 21 is affecting many programs, but it doesn’t affect mandatory, entitlement, nondiscretionary spending including all tax breaks, Medicare, Social Security. That’s a good thing for the elderly and for the economy, since over half
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The vote for “Brexit” in 2016, a surge of support for UK’s Labour and Jeremy Corbyn in 2017 plus the victory of “The League” and “Five Star Movement” in Italy during 2018 are not the high watermark of European populism. A demonstrator wearing a yellow vests (Gilets jaune) speaks to gendarmerie security forces during protests
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