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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: Paul T Springer who wrote (8009)10/10/1999 9:42:00 PM
From: William  Read Replies (1) of 54805
 
...mutual funds from long ago. I'm reluctant to incur taxes on selling these...

Paul - Do the math. Don't let paying some tax keep you from making some real money. If you were to sell the funds, pay the tax, and invest the remainder in Q and look at the total return x years out chances are high that you would be better off. Say for example I have $2000 in my fund. I sell it and pay combined federal/state tax 50%. I invest the $1000 remaining in Q growing at obscene percent per year, compared to $2000 growing at oldfundreturn percent per year for say 5 years, what do the numbers say. Well if obscene equals say 90% and oldfundreturn is say 20% after 5 years I have $24,760.99 vs $4,976.64
Pick your own numbers and see what happens.
Good investing.

William
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