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Strategies & Market Trends : A.I.M Users Group Bulletin Board

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To: OldAIMGuy who wrote (4414)4/4/1998 7:04:00 AM
From: Bernie Goldberg  Read Replies (1) of 18928
 
Hi,
The nice thing about the new capital gains law is that if you hold your DOW 4 or DOW 5 stocks 18 months you only have to pay Uncle every other year.
Yesterday I went to pick up my taxes from my accountant. She just kept shaking her head. 97 was the first year that I had a significant amount of $$ invested. I had been telling her about AIM and the DOW methods of investing, but I guess she didn't believe me about the simplicity of either method. She had purchased both books, but like most people I've talked to she either didn't read them or just dubiously skimmed them. I sort of got the feeling yesterday that she will be doing some serious reading in the near future.
My check to Uncle was rather large, but that was expected. Of course AIM had provided me with enough of a cash balance so there was no problem writing it.
Getting that 6.07% with the short term bond fund strategy really makes a noticeable difference in the cash reserve.

We start on our trip to Death Valley tomorrow AM so I will be incommunicado for the next two weeks.
Keep AIMing high.
Bernie

P.S. Those gold funds sure have been nice this week!!
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