Wikinvest Wire  Sunday, October 05, 2008  Sunday Morning Coffee
Ok, Joellyn and I figured it all out last night. We are selling
everything, putting it in to Swiss francs and moving to a farm
in New Zealand. We'll eat what we grow and our money will be
sound.  Well, we'll eat what we grow as long as we can afford
seed and feed. Well, our money will be safe as long as the
government of Switzerland doesn't need to bail out UBS or Credit
Suisse.  Damn it.  There was a long article in Barron's about
selling open end mutual funds before the annual distribution to
avoid paying taxes on a fund that might be down on the year.
One thing that I would add that I don't think I saw in the
article is that some of the distributions this year
(particularly from older funds) could be huge. I have read this
in a couple of places. I am more passing this on as opposed to
trying to analyze the situation. I do almost nothing with OEFs
so if this might impact you I would suggest doing a little
legwork.  One theme I have been think