Posted On: 10/15/2014 4:12:07 PM
Post# of 30066
Re: Anaconda83 #8817
Agreed, Anaconda... focusing on the short-term price as a long-term shareholder is pointless.
I pushed the GO button today on my 2013 Roth conversion. Mailed my extended tax return without re-characterizing the conversion. Will owe $74K+ interest in taxes, but even at the current share price I still believe this is a smart move. Converted at 3.6 cents, so even though the tax bill is high, it is the lowest it's ever going to be.
I'm actually heading back to work in the nuclear industry in order to knock out this tax bill, instead of selling shares to do it. Going back to work will certainly take my eye off the short-term share price swings.
Maybe it's time for some to go back to work. Drugs can help with the depression. I take my happy pill every day and it helps keep me going. GLTA
I pushed the GO button today on my 2013 Roth conversion. Mailed my extended tax return without re-characterizing the conversion. Will owe $74K+ interest in taxes, but even at the current share price I still believe this is a smart move. Converted at 3.6 cents, so even though the tax bill is high, it is the lowest it's ever going to be.
I'm actually heading back to work in the nuclear industry in order to knock out this tax bill, instead of selling shares to do it. Going back to work will certainly take my eye off the short-term share price swings.
Maybe it's time for some to go back to work. Drugs can help with the depression. I take my happy pill every day and it helps keep me going. GLTA
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