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Post# of 10743
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Smith111

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Smith111

Re: mnfats post# 5419

Tuesday, 08/02/2005 6:20:34 PM

Tuesday, August 02, 2005 6:20:34 PM

Post# of 10743
You missed my point...short-term gains vs. long-term gains...higher taxes vs. lower taxes...traders vs. investors...

That's what I was saying. Obviously I have to pay taxes just like everyone else on my gains, but managing your porfolio from an asset standpoint as well as a tax standpoint is only prudent and optimal. I'm sorry to offend you, I'm sure you do great...Take care.

"Most of the time common stocks are subject to irrational and excessive price fluctuations in both directions as the consequence of the ingrained tendency of most people to speculate or gamble... to give way to hope, fear and greed."

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