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The Swarm Lounge
General Investing and Economics Discussion - No Politics
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<blockquote data-quote="CuseJacket" data-source="post: 695975" data-attributes="member: 274"><p>I agree that it's not a growth fund nor is it an aggressive investment. BRKB sits in my standard brokerage account (not IRA or other tax advantaged). Because the stock doesn't pay a dividend, I'll only get tax hit on capital gains when I sell.</p><p></p><p>I view BRKB as effectively a mutual fund - arguably an index fund - given the # companies they own. I'm not a super active investor, so it's one of many equities I own that fits my low maintenance style. I also like that it's performed the way it has while sitting on hoards of cash.</p><p></p><p>Definitely open to other specific suggestions though.</p></blockquote><p></p>
[QUOTE="CuseJacket, post: 695975, member: 274"] I agree that it's not a growth fund nor is it an aggressive investment. BRKB sits in my standard brokerage account (not IRA or other tax advantaged). Because the stock doesn't pay a dividend, I'll only get tax hit on capital gains when I sell. I view BRKB as effectively a mutual fund - arguably an index fund - given the # companies they own. I'm not a super active investor, so it's one of many equities I own that fits my low maintenance style. I also like that it's performed the way it has while sitting on hoards of cash. Definitely open to other specific suggestions though. [/QUOTE]
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