From: Dehede011@aol.com
Date: Thu Sep 12 2002 - 09:14:07 MDT
In a message dated 9/12/2002 4:01:27 AM Central Standard Time, lee@piclab.com
writes: The /only/ way to profit from stock /ownership/ (not sale, ownership)
is to receive dividends.
Gee, I don't think Warren Buffet would agree with you. You have a
spreadsheet. We know he liked to earn 15% annually on his money. Try
deducting taxes from the earnings as dividends each year and see how fast the
principle grows as opposed to ploughing back the earnings and then paying a
capital gains tax at the end.
Ron h
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