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It's the month for receiving tax information like year-end statements from banks, brokerage firms and mutual funds.
For instance, his Gabriel fund invested $79 million in Chrysler, $66 million in GMAC and $67 million in Cerberus partnerships, according to year-end statements.
Mr. Nicholson offers this advice: Make sure to save at least the year-end statements, which list all the transactions for that year.
It may seem hard to believe — and small consolation when fund shareholders open their year-end statements and survey the damage — but American stocks were among the standouts.
Even when they saw their losses in black and white in year-end statements from brokerage firms and mutual funds, investors kept their cool.
Jim Wilson, 68, of Barrington, Ill., has investments in 15 DRIP companies, and saves his quarterly reports and year-end statements to help in his tax calculations.
Similar(42)
The company has still not filed its financial year-end statement for 2001, prompting Nasdaq to call for a hearing on Thursday.
ASSUMING the market stays on track, many investors will get a year-end statement saying that their high-yield junk bond fund had double-digit returns in 2003.
"I got the year-end statement for my I.R.A. and it was within $2,000 of where it was the year before," said Mark Rusnak, a real estate agent in Virginia Beach.
Luby's auditors, Ernst & Young, warned in the company's year-end statement that Luby's short-term debt raised questions about its ability to "continue as a going concern".
A year-end statement from the legislature, the General Assembly, summarizing three Individual Retirement Accounts held by the governor, was included in 85,000 pages released by the House impeachment inquiry committee.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com