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Strategies & Market Trends : The Amateur Traders Corner
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To: allen menglin chen who wrote (5644)1/25/2001 12:02:36 PM
From: Tom Hua  Read Replies (1) of 19633
 
Allen, one strategy I've employed is to withdraw profits periodically and put them safely in money market accounts. It's a one way street, under no circumstances will the money return to trading accounts. As a motivation, think about a specific goal such as down payment for a upgraded house, savings to pay the gas bills which will probably go up 10 times next year.... Needless to say, tax planning must always be considered at all times.

Regards,

Tom
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