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Strategies & Market Trends : Let's Make REAL MONEY (Big, long-term cap. gains) -- Ignore unavailable to you. Want to Upgrade?

To: mozek who wrote (81)	12/24/1997 9:19:00 PM
From: RavBruce	Read Replies (1) \| Respond to of 135

This is the kind of thread I have been looking for. . . The short-term traders end up giving tons of their money to the government. I try to follow a rule I once heard J. Templeton explain: you have to have something that will do 50% better than what you have to sell and take the hit of taxes and trading fees. Over time, short-term traders end up giving their brokers and the government much of their profits. Buy and hold always works. Almost anytime I have sold anything--I have found I would have been better keeping it. Even in a bear market, it pays to hold quality dividend paying stocks. Bruce