Mish's Global Economic Trend Analysis Message Board

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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: mishedlo who wrote (5742)	5/6/2004 2:57:23 PM
From: yard_man	Read Replies (1) of 116555

YHOO has some really dumb quizzes sometimes, but this one is really dumb ... >>Q. Bob and Jane start with $1 each, and each average a pretax annual return of 20%. But Bob trades annually (incurring ordinary income taxes) while Jane buys and holds. After 40 years, how do their portfolios compare, after taxes? Jane's is about 6 times as large as Bob's Jane's is about twice as large as Bob's Jane's is 28% larger than Bob's Jane's and Bob's are the same size <<

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