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#21
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I don't know what you're talking about.
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 |
#22
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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 |
#23
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That amounts
to 200K which has grown to about 400K over the ten- year period. Only 400K at your age? Good god. My father retired with 9 times that. Proof that this country still suffers. Suzanne and I have made just under 400K in 17 months and she's not working at the moment. RB |
#24
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![]() Even if you're telling the truth (which would be the first time) there is a BIG difference between what you made and what you invested. Most Americans save and invest only paltry amounts. I've got a feeling if you made as much money as you claimed last year you would not be so proud of a dry box holding four cheap nav instruments. S.Simon "Bobsprit" wrote in message ... That amounts to 200K which has grown to about 400K over the ten- year period. Only 400K at your age? Good god. My father retired with 9 times that. Proof that this country still suffers. Suzanne and I have made just under 400K in 17 months and she's not working at the moment. RB |
#25
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I've got a feeling if you made as much money as you
claimed last year you would not be so proud of a dry box holding four cheap nav instruments. I'm only "proud" of the reaction I can get with such a picture! Capt RB |
#26
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You should pity the likes of Donal and Scotty instead
of always humiliating them. After all Scotty is a hillbilly whose best possession is an old, rusty, pick-up truck and Donal's wife doesn't let him do anything but work to pay for car insurance rates that are through the roof . . . S.Simon "Bobsprit" wrote in message ... I've got a feeling if you made as much money as you claimed last year you would not be so proud of a dry box holding four cheap nav instruments. I'm only "proud" of the reaction I can get with such a picture! Capt RB |
#27
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![]() wrote in message I don't know what I'm talking about. I agree! |
#28
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![]() "Simple Simon" wrote in message ... S.Simon - investor who can time the market with the best of them. If that were true, you'd be living aboard a Swan 57, cruising the oceans, and wouldn't be talking to any of us. The reality is, you live aboard a boat that is worth only slightly more than the '96 Ranger in my driveway, the "beater" I drive to work. John Cairns |
#29
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So, if that's the case, what the hell were you talking about
when you said "when the DOW is around 10K"? And, it's already been "bouncing around 10K for several months." What next fool? "Simple Simon" wrote in message ... The DOW closed today at around 9.9K. That final 100 points will take several months to get there and stay there. There will be ups and downs as is the nature of the market. I think you will see the DOW bouncing around 10K for several months. S.Simon - investor who can time the market with the best of them. "Jonathan Ganz" wrote in message ... You ninnie. The DOW is already around 10K. Obviously, you have nothing and don't even follow the market. "Simple Simon" wrote in message ... Don't worry. What we are experiencing, probably through 2004, is what is called a 'cyclical bull' market. I think we're still in a long-term bear market that will show up again after the 2004 elections probably about Jan 2005 after interest rates start going up again with the specter of inflation. Stocks may be 'overvalued' but I think they still have plenty of upside to go. I'm expecting to cash out all my stocks sometime in 2004 when the DOW is around 10K or more. I'm at the point where I cannot afford to gamble on stocks much longer so I'm positioned to move into bonds, fixed annuities, treasuries etc. I hope to hit it just right so I get in on the upside of the interest curve. S.Simon Donals Dilemma wrote in message ... On Mon, 1 Dec 2003 15:35:50 -0500, "Simple Simon" wrote: So the economy is still in the dumps huh Booby? How come in November 2002 Capt. Neal's stock market investments were worth about $280,000 but now in November 2003 they are worth about $400,000? Yes, sir, the economy has really remained in the crapper! S.Simon Hmmm you have invested wisely, obviously with a good spread of startups to get that kind of growth in 12 months. Keep a close eye Cappy, many analysts are pointing to this being an unsustainablegrowth. Oz1...of the 3 twins. I welcome you to crackerbox palace,We've been expecting you. |
#30
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That's obvious.
"Simple Simon" wrote in message ... I don't know what you're talking about. 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 |
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