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Personal Finances / Buying or Selling a Home


Subject:  Re: How did you do it? Date:  12/1/2000  5:48 PM
Author:  AliFool Number:  15473 of 128887

Thanks for this last msg., Brewer.

Yes, this is true -- I can "flip" my shares and assuming price doesn't go down between when the plan buys and I sell, I will make 15% profit... of course minus that 15% as part of my taxable income, and then minus any capital gains. Still could be a good deal, esp. if stock goes up in 6 months, because I would get it at a 15% discount to the price at the beginning of the 6-month plan.

Yes, I hate to ratchet down 401K, but it may be the thing to do, for now.

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