Showing posts with label year. Show all posts
Showing posts with label year. Show all posts
Monday, August 24, 2015
How to Measure Stock Performance
Determine the original stock price. This is the price of the stock when you purchased it. Let's say you purchased the stock for $50 per share.
Determine the current or ending stock price. The ending stock price is its price when sold, say, at the end of the year for tax purposes. Let's say you are considering the sale of your stock, but want to know its performance first. The current value of the stock is $60.
Determine the stock's earnings. This is the difference between the ending (or current) price and the original purchase price. The calculation is: $60 - $50 = $10.
Calculate the stock's performance. Divide the stock's earnings by the original amount paid. The calculation is: $10 / $50 = .20, or 20 percent. This is your return on investment.
Saturday, August 22, 2015
How to Change a Savage Model 110 Stock
Lay a towel or a cloth on your work area to prevent scratching your Savage 110.
Check to make sure that your rifle is not loaded. Remember gun safety rules, and even though your rifle is not loaded, do not let the barrel point towards yourself or others.
Lay the rifle on the towel. Turn the rifle so that the bottom is facing up, and the sights (if present) are laying on the towel.
Remove the hex screw on the forearm of the rifle. It would normally be positioned on the bottom of the rifle, but because the rifle is upside-down, it will be facing up. Use the appropriate size Allen wrench, as different year models of the Savage 110 may have different screw sizes and tolerances. As the hex screws are removed, pay very close attention to which hole they came out of. The hex screws are not interchangeable, and must be replaced in the same location.
Remove the hex screw from the front (towards the barrel) of the trigger guard. Leave the hex screw at the rear of the trigger guard in place.
Remove the rifle stock. It will pull off easily in one piece, with the trigger guard attached.
Remove the hex screw at the rear of the trigger guard, and remove the trigger guard. Some replacement stocks come with a new trigger guard, but if yours does not, then you will be re-installing yours on the new stock.
Place either your existing or new trigger guard in place on the new stock. Using either the hex screw you had removed from the rear of the trigger guard--or the new one supplied with a new trigger guard--screw the rear hex screw of the trigger guard into place until the screw is seated snugly. Do not over-tighten any of the hex screws.
Place the replacement stock in position on the metal body of the rifle.
Using either the hex screw you had removed from the front of the trigger guard, or the new one supplied with a new trigger guard, screw the front hex screw of the trigger guard into place until the screw is seated snugly. This screw pulls the new stock and the metal body of the rifle together.
Take the hex screw that was removed from the forearm of the rifle. Position it in place, and screw it in until it is snug. Your new Savage 110 stock in now attached.
Monday, August 17, 2015
How to Report Stock Loss on an Income Tax Return
Obtain Form 8949 for Form 1040. This form can be downloaded from the Internal Revenue Service website. Tax software should ask you if you have any capital gains or losses to report.
Determine whether your stock was a long-term or short-term holding. Stocks held less than one year are classified as short-term holdings.
Fill out the information about your particular stock in part I of Form 8949 if the stock was held short term and part II if the stock was held long term. You will need to know the date you purchased the stock, the amount you paid for the stock, the date you sold the stock and the amount you received when the stock was sold. The totals on page one and two of Form 8949 will carry over to Schedule D.
Follow the instructions on the Schedule D to finish computing the total amount of your loss and the amount of the loss you can claim in the current year. There is a limit to the amount of capital loss that can be claimed in a given tax year. You may carry over any unclaimed loss for use in future tax years.
Record the amount of loss calculated on line 21 of Schedule D and on line 13 (capital gains and losses section) of Form 1040.
When adding the first several lines on Form 1040 to arrive at your total income, deduct the amount of the loss you reported on line 13 as a capital loss.
How to Calculate the Expected Rate of Return for Preferred Stock
Determine the dividend on the preferred stock. Preferred stock generally pays a fixed dividend, so you will know how much the stock is going to pay the stock owner each year. For example, assume the dividend of the preferred stock is $12 per share annually. If the dividend is paid quarterly, you will need to multiply it by 4 to get the annual dividend.
Determine the selling price of the preferred stock. Businesses will have to deal with flotation costs in calculating a stock price, but an individual investor can simply look at the price that the stock is being offered for. For example, assume preferred stock in company ABC is being offered at $200 a share.
Divide the expected dividend per share by the price per share of the preferred stock. With our example, this would be $12/$200 or .06. Multiply this answer by 100 to get the percentage rate of return on your investment. In our example, .06 x 100 = 6 so the rate of return for the preferred stock is 6 percent per year.
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