Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Wayne Rumball's tax write offs -- Ignore unavailable to you. Want to Upgrade?

To: Ga Bard who wrote (1)	6/6/1998 5:39:00 PM
From: Wayne Rumball	Respond to of 205

Great! I await the first post in my thread! Perhaps I can show everyone how to have big tax savings. And of course dont forget that for every $ you give the gout they spend 2. So if you reduce the $ you send you are helping to reduce the deficit.

To: Ga Bard who wrote (1)	6/6/1998 5:45:00 PM
From: Wayne Rumball	Read Replies (1) \| Respond to of 205

Wayne, Excellent Thread and I love it ... 1.) How much capital loss can you take in a year? Short and Long? You can lose as much as you like. If you want to lose alot I'll tell you exactly which stocks to buy. I own all of them. 2.) What happens to the rest that is outside that? Don't understand the question. I guess outside of losses are profits. But we don't want to talk about that here. 3. What are the percentages for short term capital gains? Long terms? Gains? We are talking about big losses here. 4.) Is airplane tickets, hotels, meals that are associted with doing DD deductible? Deduct everything you want and wait for the IRS to tell you whether or not you did the right thing. LOL ... well that shold take you a while. 5 minutes. GaBArd

To: Ga Bard who wrote (1)	6/6/1998 6:08:00 PM
From: BarbaraT	Read Replies (2) \| Respond to of 205

Hey Wayne ... Love the thought of write offs. That means you had to make money, right ... can't take write offs otherwise! What a novel concept. I have bookmarked your thread. If nothing else, did make me chuckle. Good luck. Hope you and all are successful (and if TNRG is one, that means $$$ for me as well).

To: Ga Bard who wrote (1)	6/7/1998 10:15:00 AM
From: Wayne Rumball	Read Replies (1) \| Respond to of 205

Liked this post, think i'll add it to the thread.] To: Wayne Rumball (3171 ) From: Ga Bard Saturday, Jun 6 1998 7:43PM ET Reply # of 3173 LOL ... Ok you got me .... Well that is still a very good thread. Friday my entire account was down across the board. Every single one. Hey you have to not go hang yourself when days like that happen. I am going on 1.5 yrs at this and I am learning more and more everyday. Find better DD tactics. Seet talking secretaries. Cross verifications. Clarifications any possible way I can. Heck even raising mortal heck to the company. LOL I am ex union and I know what a union can do. Wait till I eventually build a long and strong base of investors. We will then find a sleeper and verify everything we can and hold the bottom. SURG was done that way and it is far from over. Just awaiting a JV or Buyout. INFE is another example of war on the dad gum day traders. BTS works more profit into your portfolio than DTS. Strategic investing is far better than speculative trying to ride the wave. Heck a day trader give me a tip and shoot the one you don;t get runs the one you do get falls. The internet will eventually turn over to finding good stocks with solid 3 month potential and HOLD!!! Until then this wave is going to continue to rip up stock and catch people in stock they have no business even owning. Just a matter of time before people start using common snense. ANd even then there is no guarrantee that you will have a winner. GB