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Strategies & Market Trends : Tech Stock Options

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To: j g cordes who wrote (34548)	2/2/1998 10:32:00 AM
From: Patrick Slevin	Read Replies (1) of 58727

Savings I would have no idea where to look. It's just my thought that it would not include such investments. It seems to me they could not be accounting for funds, for example. If I put 5% of my income into a mutual fund over the last 8 years I would certainly think it was "savings", as funds have performed so well. But if the market had been down it might more properly be referred to as speculation, if you see what I'm driving at. If an American bought a house it would not be considered as "savings" in this plan. So why should anything other than bank deposits be included? Eh, it's pobably not worth the effort to approximate the precise definition of what "savings" is.

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