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


To: Mike Buckley who wrote (20840)3/20/2000 6:03:00 PM
From: lurqer  Respond to of 54805
 
re. short and long term wealth differences

The moral of the story is the timing of when we pay taxes really does matter, giving shorter-term strategies a huge obstacle to overcome compared with longer-term strategies.

I couldn't agree more. The tax timing factor was a major motivation in exiting mutual funds. If you are good short term, you can make "good money". If you are good long term, you become wealthy. Big difference.

lurking...

lurqer