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To: Matt Kaarlela who wrote (9682)11/26/1997 10:30:00 AM
From: ed  Read Replies (2) | Respond to of 97611
 
Yes!! For my core investment, I do not care about this two dollar. If I sell, I just ends up with making Uncle Sam happier. But for my shoret term investment, 10% is a lot. Think about that if you make 10%
every month (actually you may make 15%), i.e 2.5% in average per month,or 0.5% per day, then think about in one year what will be your
% gain ? the answer is : (1 + 10%) ** 12 =314%, if you do that for
five years, your gain is (314%) ** 5 =30525%, of course, you have to deduct 28% of capital gain tax every year!!!!!!!!! Did you see the
power of mathematics? This can be reachable. So, just set up a goal
for 10% every month and stick at it!!!!!!!!!