I didn't get a chance to follow the news today. Why were there so many folks selling apples on the street corners on my ride home?
Actually, right now I'm feeling somewhat lucky; back in July, I sold all the stock I had and took out a loan against my 401(k) when we bought the house. I wish I could say that it was some keen insight, but it was just pure luck. Not so lucky: working in an industry where much of my compensation comes in the form of stock. I suspect a lot of folks, myself included, will max out on the capital loss deduction come next April.
Scary times.
No comments:
Post a Comment