22nd July 2010

It can be confusing

My wife and I like to think that we are not stupid.  We’ve signed up for Online Trading for the stocks we own, and we each have IRA Accounts. We try to be conservative, however, with our Stock Trading activities. We’ve been burned a little bit a couple of times, and we really can’t afford to lose very much money.

The most confusing part about owning stocks (to me) is how to go about reporting the profits, losses, and dividends on our income taxes! I’m really glad that we have a great software program that keeps track of all of that. I’d never be able to keep it all straight if I had to keep track of it on paper! And I’m more than happy to let my wife take care of that portion of our financial life! I tell my wife that’s why I keep her around – to do the bookkeeping! (And her cooking’s pretty good too!)

This entry was posted on Thursday, July 22nd, 2010 at 2:52 pm and is filed under Business, Computers and/or Internet, Friends and/or Family, General living, Money and/or Finances, Technology and Gadgets. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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