SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Ask Michael Burke
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Knighty Tin who wrote (104573)7/14/2006 6:17:46 PM
From: Tommaso  Read Replies (1) of 132070
 
About 1980, as I have posted in the past, I bought $25 each in about ten discounted closed-end funds though something Merrill Lynch called their "sharebuilder" program. I did this to have all the reports mailed to me. One or two did very badly, especially the good old Madison fund, which was truned into a go-go energy fund and went more or less bust. But when I decided to liquidate a few years ago, my $250 had grown to about $1500 (dividends reinvested and taxes paid). If only I had put all my assets into the same funds and left them alone, I would have been a millionaire by about 1995.

But no. I had to keep trying new things.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News