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Message: RE: Will it slip more...B-Lunist

RE: Will it slip more...B-Lunist

posted on Dec 30, 2005 07:03AM
``You still are better off selling and buying it back in an IRA (IF YOU PLAN TO PROFIT) Profit that has no tax is much sweeter.``

Under current tax law, that advice might be questionable. If you plan to profit there is no logical reason to convert a 15% capital gain into a distribution subject to taxation of 35% or more upon withdrawal.

Of course, a Roth IRA would be different...but not by much.

DoP

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