I guess you are missing my point, if you store a text file with all of your passwords (for copying/pasting) in encrypted form then there is no plain text version stored on the computer (except while loaded in memory)Quote from bidask:
i wasn't saying that he should keep an encrypted password on his computer. he thinks he can avoid keyloggers by copying and pasting. i'm telling him that the cost of doing that is having to keep a plain text version of the password saved somewhere on his computer.