What is the best way to handle large investment losses on my taxes?

February 26th, 2010
Ed R asked:


I really screwed up and have over $50,000 in investment losses this year! Our gross income from salaries for this year will only be around $50,000.

In addition, I lost $5000 in my Roth IRA. I just read that I can only deduct $3,000 in investment losses. Does that include IRAs PLUS regular investment activities?

Also, will any interest I accrue via CDs or dividends from stocks or mutual funds essentially be tax-free now since I have such a large investment loss? Or is that a different category?

Please help, I really screwed up this year and am hoping somebody has some suggestions to make this better. Thanks in advance!

What is an investment bank and how does it differ from other banks?

February 25th, 2010
okebloke asked:


What does an investment banker do that other bankers do not? How is someone deemed qualified to be an investment banker?

How to sell stocks that belonged to someone who is deceased?

February 25th, 2010
Bob Baker asked:


I recently found evidence of a deceased relative’s investment in specific stocks. Looking through the vast amounts of papers, it didn’t appear that any of them were sold. I am the heir of the estate. I have absolutely no idea who to contact about this. The relative has been deceased for a year. If the stock’s still exist, I am the rightful owner, but need to transfer ownership. Any help on this would be great. Thanks.

What forms of private investment prospered as a result of the European Union and its lead up?

February 24th, 2010
stratmagic asked:


I ask this strictly from an investment/capitalist standpoint. If you could go back in a time machine to a pre European Union, what what would you have invested in, or withdrawn from? Please no political bloviating, and please speak in terms of a private investor, not large imperial motives.

The story on cheap stocks-Is there money to be made? How much does one need to know?

February 23rd, 2010
natan asked:


I am thinking about buying up some cheap stocks-like in the $2-20 ea bracket. Has anyone that is “new” to stocks and the market made any money this way? How much of a time investment would it be to learn the ins and outs and keep an eye on the markets? Some say we(the us) is going into a mild recession of sorts-it seems so. Would you suggest informed investing in some cheap stocks right now?

How can I purchase stocks without going through a brokerage?

February 23rd, 2010
David asked:


I want to buy some stocks on a budget ($300) but I don’t want to join a brokerage or anything. I want to purchase stocks and just keep them. Any information as to how and where would be greatly appreciated.

Does anyone know good stocks to invest in and how are mutual funds good to invest in?

February 22nd, 2010
strawberry asked:


I wanna know what stocks are starting from low and are starting to climb up before it reaches its peak. Like gold minning, technologies, biotech, energy, computers, websites,natural resources, good chinese and indonesia stocks too. If chinese and vietnamese currency is good to invest in and mutual funds to. I know house market is down but do u think its good to buy b/c its pretty low stocks from before.

What is the best investment for a college fund for a baby?

February 22nd, 2010
Candice asked:


I have looked into few ideas but I am looking for an investment option for 17-18 years which I will be adding into monthly. I want something fairly stable but with a decent return. Thanks.

What is the best investment someone can make in their 20’s?

February 21st, 2010
jilip_99 asked:


I am 22 years old and only 6 months in to my first full-time job after college. What is the best investment I can make right now to get myself on the road to financial success?

What role did investment play in the industrialization of late 18th and early to middle 19th century America?

February 21st, 2010
The Intrepid Elite asked:


What role did investment play in the industrialization of America around 1790-1860? I’m writing an essay where I have to examine the roles of several things in the industrialization of America’s industrial boom, and investment is one of the many things.