Remain calm, investors, shoppers, and employees of Best Buy. Okay, yes, Best Buy CEO Hubert Joly sold half of the shares in the company that he owns that are vested and that he’s legally allowed to sell, but that’s just about his personal investment choices, not meant as a statement about the future of the company. Hey, why is the stock price falling? [More]
If you jumped on a stock tip that sounded great at the time but only led to you losing your entire investment, now is the time to stop beating yourself up over the poor decision. You may be able to deduct your financial folly, lightening your tax load.