Quote:
Originally Posted by elchivito
I don't plan to sell it. It's just money and it's going to my kids and their kids, if the little peckerwoods ever have any. Even if it falls to 20 dollars, an unlikely scenario if ever there was one, it's stlll money in the mattress, and it's money in the mattress that reproduced on it's own. I participated in all three of Apple's 2 for 1 splits, beginning in 87. I bought a thousand shares initially with part of an inheritance in 84 or 85. You do the math.  |
That's some good math. Sounds like you have done well. That's sound reasoning in my opinion especially with the amount of cap gains tax you would pay on a sale and the fact that heirs get a step up in basis.