SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Michael Bakunin who wrote (96978)7/24/2002 2:55:03 PM
From: Tommaso  Respond to of 132070
 
Yes I realize that it is return of capital. For me, that makes it a kind of annuity. But I mainly find it, FCO and BEGBX a very convenient way to get OUT of the US dollar. At some point people are going to quit making us a gift of their savings, and the dollar will drop 20% from here, or more. Then the "return of capital" becomes a largely tax-exempt source of income.

Or so I see it.