Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?

To: Wren who wrote (1258)	9/29/1998 9:28:00 PM
From: Justa Werkenstiff	Read Replies (2) \| Respond to of 15132

Wren: Re: " A lot of us have our investments in self directed IRAs. We pay no taxes on profit taking. It is not reasonable to praise an advisor for making the assumption that he is saving taxes for his listeners by keeping them fully invested." It is your decision whether to take profits every day. You do this in the form of asset allocation decision making. Brinker said prior to the correction to look at your asset allocation closely because of the risk in overvalued equities. He does not break down his advice to differentiate between IRA money and personal money. You have to do it or call him up and ask him the question specifically.