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Strategies & Market Trends : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?

To: Paul T Springer who wrote (8003)	10/10/1999 2:54:00 PM
From: voop	Read Replies (2) \| Respond to of 54805

That is why I set up a trust so they can not screw it up until they understand they will not get any more. The UTMA was too dicey with boyfriends, cults and the like for 18 year olds. Also, the beauty of GG is that you don't have gains to spill over if you buy and hold. HEE HEE Best regards Voop

To: Paul T Springer who wrote (8003)	10/11/1999 2:11:00 AM
From: tekboy	Respond to of 54805

<<When the kids come of age, will they be ready for the automatic transfer of financial responsibility?>> Um, my Dad grappled with this a bit and decided to break his legacy into several pockets, which would open up at different times down the road. This would act, he thought, as a gradual introduction to financial responsibility, as well as a hedge against unforeseeable disasters at any particular point. So far it's worked pretty well, I think--although there's still a pocket down the road I'd love to have access to now so as to put it in the Q! (of course, that was the whole point, to prevent the kids from blowing their stake on any single temporary enthusiasm...) tekboy@gratefulson.com PS he also made clear that while he wanted us to be comfortable, he was giving away more than he was giving to us--which taught a separate lesson....