"The stock-market drop is finally getting nasty...Think of it as Mad Dow disease." That's an exact quote from Allan Sloan's article (Newsweek, March 26, 2001) titled "A Bad Case of 'Mad Dow' Disease." Sloan winds up saying, "Repeat after me: the stock market is not a panacea. It doesn't guarantee us anything."He's right. Unfortunately many readers of this column are members of the I-got-beat-up-in-the-stock-market club. Readers have been call mg me asking two questions:1) What is the tax impact of my stock market losses?2) Do you know what to do about it?
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