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Re: Bernie Goldberg post# 4762

Thursday, 08/15/2002 12:48:51 PM

Thursday, August 15, 2002 12:48:51 PM

Post# of 48381
Hi Bernie, Many times in the past when I've had some sort of redemption or buy-out I've taken the original investment value and put it into high yield bond funds and used the after-tax profits to start a new investment. In your case, you could just keep the after-tax profits running in the same investment if you desire.

Following this path has let me painlessly build up the income portion of my portfolio while continuing the growth side's building as well.

Good news today from the Biotech Sector. The IBB Exchange Traded Fund rose enough this AM to trip my very first AIM directed Sale since starting the account 16 weeks ago. The brief history is shown at:
http://www.investorshub.com/boards/read_msg.asp?message_id=460197
We started that account with about 32% Cash Reserve which proved to be just enough to buy down as the price fell after the initial purchase. It's nice to see some of that money return to the Cash Register.

Best regards, Tom





Port Washington, WI 53074

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