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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Seeker of Truth who wrote (67647)	8/16/2005 2:34:49 PM
From: Moominoid	Respond to of 74559

CGT here (US) is 15% if you hold for more than a year. Question is whether in stocks there is something that outperforms for ten years sufficiently to make it worthwhile holding and compounding? It is certainly worth holding for year in the US if you have a good investment. The mixed investment/trading strategy is what most great investors, insurance companies etc. do.

To: Seeker of Truth who wrote (67647)	8/16/2005 2:54:54 PM
From: Taikun	Respond to of 74559

<As for holding a century I think the Rockefellers have done so with no ill results. > They have access to asymmetrical information and combine that with scale, something the average Joe will never have. Do you have access to the same information they use to make their long-term holds? Can you bribe gov'ts and politicians, hire lobbyists, lawyers, consultants, IR and PR people to make your investment profitable more often? ***** Average of 3 signals/mo (these are impulse trades, low risk high probability), avg 15% gains each move using options. Worst case scenario you start the month with $1000 and first trade is a loss. End of the month you're ahead 49%. For example, last night's signal was on energy. Today's strategy: buy 50 XLE $50 Aug Puts (XBTTX) for $85 ea at open, net cost including commission $4300. As I type these have value of $105, $5200 net of commissions, will be closed out in 1 hour. 20.9% gain in one day, and cash in my account tomorrow morning waiting for the next signal, or market crash, whichever comes first. LOL