Hi All, 

Don’t forget, today is the 30th.  This means that you only have today and tomorrow to take a capital loss on any stocks or assets you sell.  If you have any capital gains, and you want to offset them with some capital losses, today is the day to make it happen. 

More at the Tax Update Blog

Update: Check out Bruce at the Tax guy for more excellent end of the year tax tips (here).

Best,

James

MANAGE YOUR MONEY TOGETHER

Here are some simple guidelines for DINKS to build wealth:

1) Collaborate: Meet regularly to talk about money, set goals together, track and monitor them.

2) Understand and respect your partner. Take time to understand your partners values about money.

3) Watch the numbers. Get a budget, monitor your spending and track your net worth.

4) Max your retirement. Maximize contributions to your tax deferred retirement accounts.

5) Invest in stock. Stocks perform better than bonds or cash.

6) Avoid high interest debt. Credit cards and title loans are financial cancer.

7) Diversify. Don't put all your eggs in one basket.

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