Bob Brinker Free Discussion Site 59,820+: Re: Re: asset allocation


  1. Happy_2

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Top 1.   Dec 25, 2005 11:30 PM

» Happy_2 - Re: Re: asset allocation

In response to Re: asset allocation posted by allancoleman:
Allan, no reason to frown.
Unlike a tax deferred account,my heirs will inherit all my assets with a full step up in basis. In other words, if I live off the dividends, no one will ever have to pay tax on the capital gains. To date, over the past 23 years, I have a gain of about 1300% in the Vanguard SP500 fund.

-- posted by Happy_2


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