Thursday, March 21, 2002


What a difference a day makes?
In the stock market, a lot. On 19 March it was 11,222. Today it is 10,841. Over 400 points in 2 trading days! Had someone speak at lunch today about protecting our assets with trusts ... at this rate there won't be anything worth protecting!

Someone brought out an interesting fact ... if someone died when their PCCW shares were over $20, his heirs would not have enough money from selling the shares at $2 today to pay the 15% estate taxes on it. Go figure. Sometimes it doesn't pay to die.

No comments: