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Re: Zeev Hed post# 319516

Saturday, 11/06/2004 1:42:42 PM

Saturday, November 06, 2004 1:42:42 PM

Post# of 704049
Zeev, I've got two IRA accounts, one a contributory IRA and one was a rollover IRA from a previous employer. I have found that all a person has to to is find one core stock and stick with it for decades.

In my contributory IRA I found KMP, which is up 229% in the eleven years that I've owned it and more importantly raised it's dividend 338%, in that time.

In my rollover IRA I found FITB, which has split eight times, in twenty-four years and is up 4,581% from my split adjusted cost and has raised the dividend 700%, in that time.

I take the funds derived from those dividends to trade other stocks within those IRA's, but I allways hold onto those core holdings, come hell or high water.

Jim

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