What risk classification describes a person who is...?

Long term is over one year. Short term is less than one year. The gift was held longer than one year by the individual who gifted the property, therefore the gift is considered long-term. ...

I'd say long-term.

always by a home first.

If you have a direct deposit option, open a savings account and contribute $20 or $40 to it a pay period. Since it is taken out before you get the check it will be easier to forget about and you mi...

Yes, I have a friend who does this. He rents out one house, then uses the rent money to pay the mortgage on another house. I'm thinking he's a millionaire now.

You need to complete Form 8582 to computer your allowable loss from passive activities. The instructions are at the link below. TurboTax should have a 8582 form built in. You might have to sel...

there are mutual funds with small initial investments. $500 for example. Some even less. That is a good way to start. I have included a link through Yahoo finance showing funds of that nature that ...

I would put enough in your employer's 401K to get the free money. Look at their optional investments and find the one that fits your needs. Then I would look seriously at a Roth IRA. Yo...