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...future capital gains. Afraid to sell for fear the stock or fund will come roaring back? You can always record the loss and then buy back the same security 31 days later without violating the irs's "wash-sale" rule. You can also sell a security from your taxable account and then immediately purchase the same security in your tax-sheltered IRA or 401(k) account, says Martin Nissenbaum, Ernst & Young's national director of personal income tax planning...

Author: /time Magazine | Title: Harvesting Stock-Market Losses | 11/26/2001 | See Source »

...want to keep the same asset allocation in your taxable account, consider selling a security at a loss and buying back a similar holding right away. Here's one way to do it: say your favorite computer stock lost more than half its value this year; you can sell it and then immediately buy shares in another computer company or in a technology mutual fund...

Author: /time Magazine | Title: Harvesting Stock-Market Losses | 11/26/2001 | See Source »

...interviews with Atta, Wasiq and dozens of their men and civilian eyewitnesses from the neighborhood around the school, I was able to piece together a full account of what happened...

Author: /time Magazine | Title: Dispatches: Mass Slaughter Of the Taliban's Foreign Jihadists | 11/26/2001 | See Source »

...This may account for why the rhetoric of the Taliban leader took on apocalyptic tones last week that seemed to betray his despair about the fate of his movement and his own dim prospects for survival. From an undisclosed location, Omar broadcast messages predicting his death in battle and naming Mullah Baradar, a former governor in Herat who commanded Taliban troops in Kabul, his successor. Early in the week he gave an interview to the BBC's Pashtu news service in which he predicted "the destruction of America. If Allah's help is with us, this will happen within...

Author: /time Magazine | Title: The Hunt for bin Laden | 11/26/2001 | See Source »

...Life (Knopf; 211 pages), the latest hybrid, begins in colonial India with a droll anecdote. The son of a Brahmin family marries a low-caste woman and forfeits his social standing. He is a maharaja's tax clerk who, influenced by Gandhi's politics of poverty, makes false account entries in favor of poor landowners. Unwelcome at home and in danger of prosecution, the upstart takes cover as a mute beggar. A touring W. Somerset Maugham is impressed by this bogus act of mystical piety and is inspired to write his best selling novel, The Razor's Edge. The faker...

Author: /time Magazine | Title: Half an Autobiography | 11/26/2001 | See Source »

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