How This Family Moved To The “Hood” and Paid Off $120,000 in Debt - Recently, I decided to start a new series where I interview people who are doing extraordinary things with their lives. First up was JP Livingston, who r...
Sunday, November 29, 2009
Hindsight is 20/20 and Sickening!
I am spending a major part of this long holiday weekend reorganizing my office/craft room combo. I've been purging the filing cabinet by moving permanent records up to the attic and doing lots of shredding and purging.
I ran across some files with old tax returns. When I flipped through a few pages of the 1999 return, my eyes landed on Schedule D-Capital Gains and Losses. Here is the last entry on that page.
8 oz. Gold
Date sold - 8/25/99
Sales proceeds - $1,920
This was inherited from dh's father in 1997. Value at the date of his death was $2,375. Neither of us remember why we sold it or what we used the money for.
Needless to say, it would have been better if, in 1999, we had just forgotten we owned it, since at Friday's closing price of $1,176.70 per ounce it would be worth $9,413.60 today! ***MAJOR SIGH***