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Simple Simon
 
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Default Capt. Neal's stock market investments.

Oh, I think I get it now. I think you know nothing
about dividends and perhaps think I should be
cashing out now instead of quibbling about 100
points? Also, you know nothing about tax consequences
of selling stocks all at once. Can you say capital gains?
Can you say Federal Income Tax? Bwahahahahahahh!
You know nothing about money. One holds onto stocks
and collects dividends as long as stocks are healthy.
One strives to buy low and sell high. One shelters as much
money as possible in tax deferred plans. One invests in
tax-free bonds, etc. as much as possible and one shelters
the cash-out in annuities, etc. until one is 62 where one
then sets up a plan that enables one to pay taxes in the
lowest tax bracket. One patronizes off-shore banks like
Barclays in the Bahamas.

S.Simon


"Bobsprit" wrote in message ...
I'm expecting to cash out all my
stocks sometime in 2004 when the DOW is around 10K or
more.


Busted as usual, neal. Have you no shame?


RB