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

To: MCsweet who wrote (29678)	1/12/2008 8:48:11 AM
From: marty009	Read Replies (1) \| Respond to of 78462

I also thought ACAS a good buy....and was considering purchase. However, after reading about their aggresive accounting, I have second thoughts. I am most disturbed to learn that markups of investment values are treated as income. They then pay out 90% of that in dividends. I feel that real income comes from operations...interest dividends, fees and capital gains. So, I asked the question on the ACAS board at investors Village....does any expert know if they are required to show the markup as income? No answers! I feel that changing values in a potfolio should be shown on the balance sheet...not income statement....JMHO. Marty