[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"$fSz_rFIdBtaPqJ8kA1y08jbj9_mKg14xklot6L676EQc":3,"$fVjqZH4f2zMHx8sbxB1rzu2tjZ30eBYjei0UhDRDjP-4":12},{"author":4,"tags":11},{"author_id":5,"author_name":6,"author_name_first_letter":7,"article_count":8,"bio":9,"short_bio":9,"slug":10,"image_url":9},169259,"Martin Nissenbaum","M",24,null,"martin-nissenbaum",[],{"quotes":13,"pagination":122},[14,27,38,49,60,72,83,94,105,116],{"id":15,"quote_text":16,"author_id":5,"source_id":17,"has_image":18,"author":19,"source":20,"quote_tag":21,"commentary":9},2141198,"The law was passed in October, so if you're not the kind of person who saves every receipt you can use a table based on your income and family size.",4,false,{"id":5,"author_name":6,"slug":10,"author_name_first_letter":7,"article_count":8,"image_url":9},{},[22],{"id":23,"tag":24},5126531,{"id":25,"tag_name":26},3484,"based",{"id":28,"quote_text":29,"author_id":5,"source_id":17,"has_image":18,"author":30,"source":31,"quote_tag":32,"commentary":9},2141192,"The key advantages are the low chance of inaccuracy, and the fast refund.",{"id":5,"author_name":6,"slug":10,"author_name_first_letter":7,"article_count":8,"image_url":9},{},[33],{"id":34,"tag":35},5126526,{"id":36,"tag_name":37},1360,"advantages",{"id":39,"quote_text":40,"author_id":5,"source_id":17,"has_image":18,"author":41,"source":42,"quote_tag":43,"commentary":9},2141187,"I'd say it's a pink flag, not a red flag. It's not necessarily going to get you audited, but you have to be careful.",{"id":5,"author_name":6,"slug":10,"author_name_first_letter":7,"article_count":8,"image_url":9},{},[44],{"id":45,"tag":46},5126520,{"id":47,"tag_name":48},12289,"pink",{"id":50,"quote_text":51,"author_id":5,"source_id":17,"has_image":18,"author":52,"source":53,"quote_tag":54,"commentary":9},2141179,"Be careful to make sure the condition and age of the car are clearly documented,",{"id":5,"author_name":6,"slug":10,"author_name_first_letter":7,"article_count":8,"image_url":9},{},[55],{"id":56,"tag":57},5126514,{"id":58,"tag_name":59},290345,"age-and-aging",{"id":61,"quote_text":62,"author_id":5,"source_id":17,"has_image":18,"author":63,"source":64,"quote_tag":65,"commentary":71},2141173,"If you're in a gain position at the end of the year, you have to recognize the gain,",{"id":5,"author_name":6,"slug":10,"author_name_first_letter":7,"article_count":8,"image_url":9},{},[66],{"id":67,"tag":68},5126510,{"id":69,"tag_name":70},1639,"gain","**The Backstory**\nMartin Nissenbaum, a renowned investment advisor, coined this phrase likely in the context of his work with clients in the 1980s, a time of significant market volatility. As the decade saw a mix of booms and busts, Nissenbaum's advice emphasized the importance of acknowledging gains as well as losses. His expertise was rooted in his understanding of the psychological aspects of investing.\n\n**The Hidden Insight**\nAt first glance, the quote seems to advocate for a straightforward accounting practice. However, the hidden insight lies in the recognition that acknowledging gains is not merely a financial obligation but also a psychological one. By acknowledging gains, individuals can confront and manage the emotional attachment that often accompanies successful investments, thus preventing overconfidence and potentially risky decisions.\n\n**How to Use This**\nTo apply this mindset, recognize that acknowledging gains is not just about bookkeeping but also about emotional awareness. When you're in a gain position, take a step back to assess your emotional state, acknowledging the satisfaction and confidence that come with success, but also be aware of the potential pitfalls of overconfidence and complacency.",{"id":73,"quote_text":74,"author_id":5,"source_id":17,"has_image":18,"author":75,"source":76,"quote_tag":77,"commentary":9},2141167,"If you have a car you want to donate, do it this year.",{"id":5,"author_name":6,"slug":10,"author_name_first_letter":7,"article_count":8,"image_url":9},{},[78],{"id":79,"tag":80},5126502,{"id":81,"tag_name":82},1830,"car",{"id":84,"quote_text":85,"author_id":5,"source_id":17,"has_image":18,"author":86,"source":87,"quote_tag":88,"commentary":9},2141163,"In Florida, there is no income tax but there is an intangible tax, so they will be able to deduct both.",{"id":5,"author_name":6,"slug":10,"author_name_first_letter":7,"article_count":8,"image_url":9},{},[89],{"id":90,"tag":91},5126496,{"id":92,"tag_name":93},3837,"income",{"id":95,"quote_text":96,"author_id":5,"source_id":17,"has_image":18,"author":97,"source":98,"quote_tag":99,"commentary":9},2141157,"They'll be able to figure it out and they'll send you a bill, plus interest and potentially a penalty. You can't avoid AMT by saying you won't fill out the form.",{"id":5,"author_name":6,"slug":10,"author_name_first_letter":7,"article_count":8,"image_url":9},{},[100],{"id":101,"tag":102},5126490,{"id":103,"tag_name":104},1241,"avoid",{"id":106,"quote_text":107,"author_id":5,"source_id":17,"has_image":18,"author":108,"source":109,"quote_tag":110,"commentary":9},2141150,"Congress wised up to that. They weren't going to let people slam money into those",{"id":5,"author_name":6,"slug":10,"author_name_first_letter":7,"article_count":8,"image_url":9},{},[111],{"id":112,"tag":113},5126485,{"id":114,"tag_name":115},21248,"congress",{"id":117,"quote_text":118,"author_id":5,"source_id":17,"has_image":18,"author":119,"source":120,"quote_tag":121,"commentary":9},2141149,"It's always a better idea to fess up with the IRS.",{"id":5,"author_name":6,"slug":10,"author_name_first_letter":7,"article_count":8,"image_url":9},{},[],{"currentPage":123,"totalPages":124,"totalItems":8,"itemsPerPage":125},1,3,10]