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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: maverick61 who wrote (47483)	2/16/2001 8:52:25 AM
From: Tradelite	Read Replies (1) \| Respond to of 57584

As for "who" has capital gains to pay this April? ME!! A nasty 10-percent gain on my trading account, after the big market run-up in the first half of 2000....and you ought to see the huge gain I have to pay on in mutual funds, which actually (unlike my trading account) were WAYYYYYYY down for the year. Paying capital gains tax on mutual funds that have turned around and lost my money is not my cup of tea. I dumped every taxable fund I was in during the past few weeks----just in time, too, before they lost more money for me. I'm sure others were dumping theirs, and I'm sure my funds as well as others have been dumping stocks like crazy to pay off shareholders who bailed out. Meanwhile, those high-paying CDs I bought over the past 6 months are racking up gains like crazy---and not losing me a dime. There is nothing quite like having control of one's own money.