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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Elroy who wrote (319623)	1/9/2007 10:06:47 AM
From: combjelly	Read Replies (2) \| Respond to of 1576893

"How would the fund company make money?" With a larger pool of money, their own investments would do better as a whole. But, that is a good point. Again, I don't do mutual funds. The discussion started with Shorty's claim that Perot thinks the current 15% capital gains rate is so high he has decided to park his money in tax free bonds. While Perot might have done that, he is more than a little eccentric, it is a dubious proposition for a number of reasons. Without a link, I, for one, am extremely dubious about the assertion. Even the lower risk ad lower effort of going the mutual funds route and paying capital gains greatly out earns tax free bonds. With $4 billion and hiring a decent manager, Perot should outperform the market and many funds.