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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Knighty Tin who wrote (88701)	1/20/2001 10:49:55 PM
From: Joan Osland Graffius	Read Replies (2) \| Respond to of 132070

MB, My thoughts on IRA funds coming in this year is that people have this tax burden from MF's that are down for the year and these folks will have to pay the taxes. I am not so sure that they are ready to send more money to these folks. I don't use MF's very much ao I don't know what I would do, but most of the people I know use MF's. First of all they are not happy with their MF's performance as they are going to have to sell some of these funds to pay the taxes. My feeling is they are not going to be very happy adding to the IRA's this year and let more capital go down rat holes. I will ask a few folks just what they are going to do and report back on the thread. Interesting times, Joan