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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: robert b furman who wrote (13625)5/7/2022 8:40:24 PM
From: Kirk ©  Read Replies (1) | Respond to of 26862
 
Thanks for the kind words.

FWIW, I LOVE margin for buying stocks WHEN OTHERS TO DO IT!

Why? Because when they are forced to liquidate I get GREAT bargains.

One reason I don't like selling puts is I don't want to tie up my capital. I'd rather sacrifice the yield to get higher capital gains. Taxes are better with cash and gains are larger in a ROTH... Maybe I should consider some in my IRA as I have a huge pile of cash saving up to take RMDs eventually to go along with the shares I trade around core positions to generate more cash.

Do you remember when "everyone" hated MSFT? I kept trading the range to keep adding shares probably a decade after I was on house money.... eventually they got a good CEO and BINGO! I'm hoping Intel sees a similar recovery.

I bought my first MSFT shares after attending WESCON in Vegas in 1993... I figured either MSFT or IBM would win the OS war to make PCs useful to everyone like they already were for me.... WESCON is now the CES but back then we shared billing with the porn industry as getting images quickly over the internet was driving growth!

It took some patience collecting that dividend and trading the volatility...