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Strategies & Market Trends : A@P, Can we trust him, -- Ignore unavailable to you. Want to Upgrade?

To: Shoot1st who wrote (348)	6/28/1999 7:17:00 PM
From: Daniel Miller	Read Replies (2) \| Respond to of 381

Poor? I'm sure I have more money then you did when you were a kid... And we all know the "rich get richer and the poor gets poorer." I don't consider myself rich but I'de say I'm not doing too bad for my age...

To: Shoot1st who wrote (348)	6/28/1999 11:06:00 PM
From: pooh	Read Replies (1) \| Respond to of 381

Hi Shoot, You are 100% correct on the tax problem. However, I heard somewhere, that there is such thing call ROTH IRA account that the kid may try to trade from. He can't either use margin or trade options, but he won't have to pay tax until he takes it out. Still tax free for him if he uses it for his first house or college tuition, which he should have both. By start knowing the value of money and how to make money the way he does, poor kid may have a better chance than most. pooh