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Strategies & Market Trends : IRS, Tax related strategies--Traders -- Ignore unavailable to you. Want to Upgrade?

To: Colin Cody who wrote (557)11/12/1998 1:14:00 PM
From: mod  Respond to of 1383
 
I was terrible at backing up my computer. I tried floppies, tape drives, zip drives, they were all too much trouble, keeping track of all those different disks. So I backed stuff up once every 6 months or so. Then my hard drive crashed. Oh oh. Luckily, I was able to get it working again, long enough to transfer my data to another hard drive before it gave up the ghost for good.

Now I use Atrieva <http://www.atrieva.com/>. For $15/month , I automatically store daily backups of my data files (encrypted) off-site on their system, over the internet. No disks, no tapes, no thinking about it. I have about 500 megs stored there, the first back-up can take a while, but future back-ups of changed files are much faster. Easy to use, secure, I sleep better now. :-)

Dennis



To: Colin Cody who wrote (557)11/12/1998 1:42:00 PM
From: mod  Read Replies (2) | Respond to of 1383
 
Question related to shorting against the box.

In my continuing effort to stay under the Roth cap this year, I was wondering how the new shorting-against-the box rules work.

If you short-against-the-box in 1998, you can postpone realizing the gain if you cover the short position next year, and be exposed to market risk for 30 or 60 days, is that about right? Do you have to do this by 4/15/99?

If you don't unshort though, is the gain realized as 1998 or 1999 income? What I'd like to do is lock in some gains now by shorting-against-the-box, but only if the gains count as 1999 income, not 1998.

Dennis



To: Colin Cody who wrote (557)11/13/1998 7:52:00 PM
From: Spots  Read Replies (1) | Respond to of 1383
 
>>Quicken, is probably a lot simpler to use though.

I always seem to be swimming against the tide of
prevailing opinion, and I would agree that in general
Quicken gives value for the money, but it has infuriating
shortcomings, especially if you don't do things just
the way Intuit intended. I personally have not had
good luck with Intuit's support, though others seem to
get along ok.

I do use Quicken, but I also wish there were a reasonable
alternative.


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