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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Dale Baker who wrote (14277)	4/5/2002 7:07:52 PM
From: Brendan W	Respond to of 78751

My dad isn't down as much but it's the same story. He expects to recover his 40% within a year when the "economic recovery" kicks in. I bleed my margin account for living expenses, too... so it's not a fair comparison. However, even before expenses my Roth's 17% YTD performance won't be touched by my margin account. My Owens Illinois position is in there (by design) because I didn't want to take such a large, speculative position without being able to sell and not having to face "can i wait nine months so I can keep 20% of my gain due to the lower tax rate" decision.