Thank you much for your response Tommaso.Now I have more records to
search through,but based on one statement I found that Tricontinental
even in a cap-gain re-invest plan Tricon sends you a statement of
the cap-gains each year for the that year with the advisory that
the cap-gain tax be paid.It is my feeling this is what my father was doing,but I have to find the records to affirm this.
I,too,am worried about a Bear market,but I do not have certainty
it will truly transpire.I think January will be a major measure of
whether the Bear will dominate,as January is traditionally a bull
month,if the market does not gain ground this month coming-up I
would have to say the Bear is imminent.
I have studied the historic chart of TY,and have found it
does not perform well in a Bear market.However,I wonder,now that
Seligman now runs the fund and have unlimited authority to adjust
the the equities,and that they do option hedging that I was thinking
perhaps the historic chart on TY may not be now relevant.
I will also look into BEARX.Thank You,max90
P.S.Do you know when Seligman took over this fund,Tommaso? |
