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URL:  http://boards.fool.com/knowfoolishness-suggested-that-quotwouldnt-it-12426285.aspx

Subject:  Re: Capital Loss Deduction and Strategy? Date:  4/18/2000  4:26 PM
Author:  LoTax Number:  34711 of 121351

KnowFoolishness suggested that "wouldn't it make[s] sense to take at least $2000 per year to invest in a high risk portfolio?"

The answer is yes, it may make sense to diversify one's investments, but not for the reasons he suggests.

Proper diversification in an investment portfolio is a good thing, sought out by informed and intelligent investors. It is a good thing, *I think*, whether there are income taxes or not.

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LoTax
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