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To: tekboy who wrote (14939)9/22/2000 7:00:56 PM
From: Steve 667  Read Replies (1) | Respond to of 60323
 
1. does this include ST cap gains taxes paid on the sales?
It doesn't say so I would assume not. But does it matter? Would you rather have $11,751 and pay no tax on it or $359,533 before taxes? If you never make any money in the stock market, I guess your are a really happy man because you paid no taxes.

1. What would you have had if you just put in $10k on May 1, 1950 and held to Nov 1, 1999?

Very good question tekboy! I was wondering the same thing when I read it. Give or take a few dollars, I would say the profit would be somewhere in the neighborhood of $371,284. (adding the profits - higher math, you know)

I think you are missing the point.

Steve 667