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To: PRATT9999 who wrote (4971)2/1/1998 11:19:00 AM
From: TraderGreg  Read Replies (1) | Respond to of 11708
 
Good point sir. But a couple of comments:

1. When you post in table form, for the TEXT portion of the post, you should DOUBLE space to avoid extending the text too wide across the screen.

2.True, CG rate for 18 mos is 20 % vs 31 % for short term. But consider this: If I can turnover the gain every 9mos, I would much rather pay the higher tax rate on each of those gains if the total gains are double vice a tax rate that is only 55% higher.I pay more taxes in absolute dollars but net more return.

Velocity is the key. In the words of Dick Vitale: Rate of Return babyyyy.

TG