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 : Formerly About Applied Materials
AMAT 327.03+2.5%Jan 16 3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Tito L. Nisperos Jr. who wrote (10545)11/8/1997 8:59:00 PM
From: Paul V.  Read Replies (2) of 70976
 
>that is after splitting the gains in half with me and helping me shoulder the taxes later on...<

Tito, Lester, Ricardo and threaders the tax question is always the big issue and was the big reason that I did not sell. To have sold would have placed me into the 39.9 tax bracket. I do not mind paying uncle sam 20% or even 28%, but 39.9, no. Getting in with a postsplit cost of $13.5 and viewing the upside/downside beneifits it was best for me to go for the long term and the new upward movement in the near future and possibly beyond the next upcycle. If there happens to be two more 2/1 splits in the next five years my cost would then be $3.375 when my wife and I are both in retirement. My long range plan is how many splits and years do I and we long term investors like Lester, Ricardo and others on this thread go through with such an excellent company. If CEO Morgan is correct the next 12 years could be extremelyl rewarding.

IMO, the smart investor should never forget the phrases of "compounded interest plus time" and the "Rule of 72." The key is to get the lump sum, make steady deposits of increase that lump sum, obtain the rate of return on ones investment, buy low and sell, pay as little taxes as possible, and ultimately do the research and share strategies, concepts research with each other on this thread.

I am amazed as to the excellent talents and experiences that we have on this amat thread.

Just my opinions.

Paul V.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext