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

To: Todd Rumph who wrote (20846)	3/20/2000 7:48:00 PM
From: Uncle Frank	Respond to of 54805

Todd, I think an investment contest between you and Merlin is a great idea, but I like the longer timeframe. Set the stakes and make your picks; I'll hold the cash and pay the winner in 30 years. Just make sure to remind me <gg>. uf

To: Todd Rumph who wrote (20846)	3/20/2000 8:01:00 PM
From: Mike Buckley	Read Replies (1) \| Respond to of 54805

Todd, I wasn't suggesting that every investment should be held for 30 years. Instead, I was demonstrating the huge obstacle taxes present, giving every investor reason to give serious thought to their shorter term decisions that give rise to higher taxes and lower returns. Feel free to run as many scenarios as you want. The fact remains that the shorter-term scenarios require a much higher pre-tax return to accomplish the same after-tax return of the longer-term scenarios. 'Nuff said. --Mike Buckley

To: Todd Rumph who wrote (20846)	3/20/2000 9:45:00 PM
From: wopr1	Read Replies (1) \| Respond to of 54805

30 Year investment: LTBH I was lucky enough to have a relative put $943.60 into GE in 1984. Split adjusted my cost is $5.74. Today its up 1,876.87% at a close of $140 15/16. Best part . . . it pays a dividend. Total Value today= $19,788.39. I do pay taxes on the dividend. GE is a rare example, however, I do expect it to be around in 2014. Just a little LTBH reminder from . . . -wopr

To: Todd Rumph who wrote (20846)	3/21/2000 8:58:00 AM
From: the dodger	Read Replies (2) \| Respond to of 54805

In 1990 (or 91?) there was some newbie stock (can't recall the name)...company had great growth but CEO had issued a warning...he was "cautiously optimistic" about upcoming quarter...and the stock plummeted from 40 to 20...so I bought 500 shares. The quarter turned out just fine...and the stock rebounded in 3 MONTHS back to 40 and I sold at a VERY handsome profit. You LTBHers need to realize something...that's an 800% return on an annualized basis. NOT TOO SHABBY !!! And yes, I've managed to more or less repeat that several times over the last decade. But you market-timers/traders need to realize this ( I just remembered the name)...the name of that company was Cisco. I've never calculated (for sanity reasons) what my investment would be worth today, but I'm sure whatever it is, I wouldn't be here writing this note...I'd probably be off at my beachfront condo looking for blonde hairs in my glass of champagne. Has to be the worst investment mistake of my life !!! I now invest both ways...putting the bulk in LTBH gorillas, and do an occasional trade from time to time. "the dodger"