Of all the accounting tasks required for active traders to file their taxes, calculating wash sales has to be the most daunting. When trading the same stocks over and over again, buying and selling unequal share amounts, making small gains and losses, hundreds or thousands of wash sales are inevitably generated.
Therefore, this rule is unbelievably [...]

For most investors, they have their full time job other than watching the stock price movement daily. Stock is investments not jobs. However, that does not mean you should ignore your stock after you have bought it. You have already put your egg in a basket and your job now is to watch it.
Periodic monitoring [...]

The stock market often tends to close the week in the middle of a short-term trading range. SPX closed last week at about 1,259 1/2. Short-term support is at 1,246 (previous four-year high) and short-term resistance is at 1,273 (recent 4 1/2 year high). The trading range may continue next week, which is options expiration [...]

I consider my community a stock market research and education service that is offered to anyone interested in learning how to invest in the market for themselves. I do not manage money and I do not make specific stock picks for anyone in my community. I like to believe that this service is different from [...]

The best way to maximize your profits is to be prepared to give some back to the Stock Market. When most traders first hear this, they are a little taken back. Why would you give any of your profits back to the Stock market; because you are never going to be able to exit right [...]

Proponents of market efficiency divide risk into unsystematic and systematic. Unsystematic risk is not priced by everyone investing in the stock market. Here is an example to help you understand unsystematic risk. If you are considering investing in the stock market you could either buy specific stock in a specific company that [...]

I can tell you a specific thing I learned early on when I started buying stocks. I had $550 in my account… not much I know… so I bought 1 stock, 100 shares at $1.90 a share. Just 3 hours later it dipped to $1.80 a share… so I bought another 100 shares. The next [...]

Information about the stock market and stocks are everywhere. Unfortunately, it isn’t really easy for the average person to understand. It is best to have a professional handle your stocks if you are going to seriously get involved in buying, trading and selling, but it is also important that you have some basic knowledge of [...]

About this time every year, the personal finance magazines will perform an annual ritual: Looking at how mutual funds have performed over the past year—and then using that information to suggest which mutual funds you should pick for the coming year. Sadly, this work is a complete waste of time.
It’s (mostly)the class, stupid
Choosing a mutual [...]

A lot of investors may wonder if they should have invested in stocks or bonds or both. Both investment vehicles have their own merit in the investment world. However, the best investment choice depends on your investment horizon and your risk tolerance.
Bond is a certificate of debt issued by governments or corporations which will be [...]