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Re: tedwitt post# 6460

Saturday, 05/05/2007 8:49:56 PM

Saturday, May 05, 2007 8:49:56 PM

Post# of 17016
tedwitt

Breaking even would be just for tax consideration.

However since the time frame is so long you should really consider loss of purchasing power due to inflation.

What cost $.75 in 1998 would cost $0.92 in 2006.

That is about 18.5% higher you would need just to break even on an inflation adjusted basis. Unfortunately while you would technically break even at that point you would still have to claim the 18.5% increase as a taxable gain.

To put the same purchasing power dollars back in your pocket you would need to get in excess of that.

Derb

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