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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (5766)	4/23/2006 10:45:43 PM
From: Maurice Winn	Read Replies (1) \| Respond to of 217836

TJ, if I had repented and bought a stack of gold ingots or coins to load into my little Tonka Truck back when I was quoted $323 by Johnson Matthey in Grafton Road and she got them out for me to ogle [through a glass partition], I would be financially worse off now. That was about June 2002 [checking the gold price graph] and at that time, QCOM was about $15 a share [split adjusted, but not dividend adjusted, not that the dividends makes much difference]. With QCOM now at $51 and gold at $630, with gold I'd have not quite doubled in USD, but am over three times better off with QCOM. Not to mention I was determined by NZ tax people to NOT be a share trader, so they didn't take my unrealized capital gains, which they might have done if I had realized them and gone for gold. Gold capital gains would absolutely be taxable. I don't [still, but they are planning the change] have to pay capital gains tax on QCOM. So, it is very lucky for me that I did NOT take your advice back then. Which is not to say I should not take it now. Decisions, decisions!! Financial relativity theory is much more complex than the boring old cosmic variation which has but a few variables to deal with and only one or two observers. Mqurice