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Senior Member
Join Date: Jun 2000
Location: N. Phoenix AZ USA
Posts: 28,977
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Quote:
Originally posted by gwl123
How can I really reduce my taxes? Not much I can do and not much of a difference I'll get back. I'm not gonna risk going back into the market. Anyway how many here have lost money when the stock market dropped in 2001? Btw I'm not a Liberal.
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We all lost money initially but I made a lot afterwards by buying stocks that I felt would raise in value. Later on the market rebounded and I made a bundle.
Talk with someone good with taxes to reduce your taxes. I am good with airplanes, not taxes! I pay someone to do mine and for a very good reason. If you are anywhere near Tulsa (or want to work with a good guy by email) I can recommend someone.
Sorry but if you are not ready to take some risk then you will rarely make any gains! Thats just the way it is most of the time.
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2021 Subaru Legacy, 2002 Dodge Ram 2500 Cummins (the workhorse), 1992 Jaguar XJ S-3 V-12 VDP (one of only 100 examples made), 1969 Jaguar XJ (been in the family since new), 1985 911 Targa backdated to 1973 RS specs with a 3.6 shoehorned in the back, 1959 Austin Healey Sprite (former SCCA H-Prod), 1995 BMW R1100RSL, 1971 & '72 BMW R75/5 "Toaster," Ural Tourist w/sidecar, 1949 Aeronca Sedan / QB
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