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Re: mr_cassandra post# 17117

Thursday, 11/08/2007 5:04:29 PM

Thursday, November 08, 2007 5:04:29 PM

Post# of 17625
Have you had to make many adjustments to the model this year? How has it done this year?

As an aside, I always thought that IWS would be a great long term investment for a millionaire who wanted to pay no tax. Buy IWS at IB (low margin rate) and just borrow against it at approx. 8% per year without selling it. $3M would give you $240K per year tax free (because the divd payout is extremely low) forever. I could live on that in my retirement days.

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