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Pastimes : Prudent Bear Fund (BEARX): contrarian investing -- Ignore unavailable to you. Want to Upgrade?


To: Don Westermeyer who wrote (564)2/17/1999 11:23:00 PM
From: Hawkmoon  Read Replies (1) | Respond to of 793
 
I wonder how much gold-related stocks are in the BEARX portfolio

Don,

That's my question as well. I think that Deflation is a different beast than typical inflationary corrections where gold plays a significant role in a bear portfolio.

One quesion my wife had was what kind of tax liability do we bare should we switch some money into BEARX through a possible(likely?) correction, and then sell the fund position later.

I know this sounds like an ignorant question (and it is..:0), but my assumption is that we can trade the fund just like a stock, and so long as well sell before October, we won't incur the normal additional tax liabilities that mutual funds normally pass on to shareholders every year.

So help me out here. Trading BEARX is like trading any other stock, right? (Except less liquid).

Regards,

Ron



To: Don Westermeyer who wrote (564)2/18/1999 8:26:00 AM
From: J.S.  Read Replies (1) | Respond to of 793
 
9cents is almost 2%. Yes the NASDAQ went down by more, but the broader market was less severly hit so it was not a typical day. I would have liked to see 12 to 15 cents though. Joe