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To: Logain Ablar who wrote (3801)12/30/1999 6:28:00 AM
From: Ditchdigger  Read Replies (1) | Respond to of 9427
 
Wash sale rule..fully explained in simple terms(thanks Kaye Thomas)..DD
fairmark.com
Any piffer opinions on BHI? double top break...
interesting sidenote,,as some know I follow Janus funds closely,,in the last week,,JAGLX( global life sciences fund +64% YTD) has outperformed JAGTX( global tech fund +206% YTD) Have to believe it is the biotechs carrying the load,,but I switched funds last week,,so carry on<g>
jaglx top ten -qlti agn bgen sgp mnmd enzn dna gild amgn medi
(both in order of highest to lowest % held)
JAGTX top ten-nok jdsu sunw vrts txn sape chl csco exds amat
(noticed TER is nolonger in the list, replaced by CHL)



To: Logain Ablar who wrote (3801)12/30/1999 10:19:00 AM
From: Harry  Respond to of 9427
 
My two cents from Money:

If you sell an investment at a loss, you can't claim this loss on your income tax if you purchase a similar investment within 30 days. Internal Revenue Service rules state that losses on a sale of stock can't be used as losses for tax purposes if an equivalent stock is bought within 30 days (either before or after the sale date).

Harry



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