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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?


To: carl a. mehr who wrote (87404)8/30/1999 6:43:00 AM
From: nihil  Read Replies (1) | Respond to of 186894
 
Just hang on. Chances are very good that capital gains rates will decrease and eventually disappear. Until then, keep on borrowing -- the interest is deductible.



To: carl a. mehr who wrote (87404)8/30/1999 10:33:00 AM
From: James B. Ditsworth  Respond to of 186894
 
Carl:

<<My wife and I are also sitting on a lot of long term capital gains in Intel, and it is my opinion that the best way to escape paying capital gains is simply never to sell.>>

For me- at age 44 - it means I'll be holding these stocks for another 40 years! Goodness knows what'll happen in that amount of time. What companies today were around in the 1950s and are still leaders today? GE, GM, IBM. ?

From a macro view, I am concerned that I am going to want to be out of the market on/a 2010, when the boomers who will make this market fly over the next decade will decide it's time to start pulling money out.

I am looking into estate planning now and was simply fishing for any other events/procedures that might give a stepped-up cost basis for the INTC and MSFT stock.

Thanks for your response,

Jim Ditsworth