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Strategies & Market Trends : Young and Older Folk Portfolio -- Ignore unavailable to you. Want to Upgrade?

To: chowder who wrote (607)	12/7/2021 4:43:21 PM
From: Affinity4Investing	Read Replies (1) \| Respond to of 22020

It's the "advantage" that you mention that still escapes me. If I invest $ into GOF and they give me my money back, slowly every month, what is the "advantage" on the portion that is just ROC? Decreasing my cost basis seems to be a zero sum gain event. Deferring taxes due is also not an "advantage" to me because before I invested the $, no taxes were due on it sitting in my checking or savings account. Just seems like I give the fund my $ and they give it back to me and then I have taxes due on top of that, to boot. Believe me, I'm not picking at you for your specific investment in GOF. This is more of a frustration with the concept of ROC, which just happens to apply to GOF in your discussions. ETV is also, from what I saw, distributing almost entirely ROC.