(Total Views: 745)
Posted On: 01/19/2019 10:25:25 AM
Post# of 32999
Re: manfromjax #10852
I’m thrilled you were able to take advantage of the Roth IRA. This will insure the biggest tax free gains possible. Espically since you’ve dicided to fill it with shares of the next biggest tech disruption on the planet. 
Just a little back story. In 2008-2009 when the markets crashed, we were able to take advantage of a rollover program at the time. My wife’s 401k had been crushed, but if you converted it to a Roth IRA, the IRS allowed you to pay the taxes over 2 tax years, 2010 & 2011. The taxes were not that bad because the Value shrank so much, being at its lowest point turned out to be a huge blessing.
Looking back that was the best investment decision ever. That is until nFusz came along and is only one of two stocks in the Roth.
Cheers to big things ahead.
Life is good.
Just a little back story. In 2008-2009 when the markets crashed, we were able to take advantage of a rollover program at the time. My wife’s 401k had been crushed, but if you converted it to a Roth IRA, the IRS allowed you to pay the taxes over 2 tax years, 2010 & 2011. The taxes were not that bad because the Value shrank so much, being at its lowest point turned out to be a huge blessing.
Looking back that was the best investment decision ever. That is until nFusz came along and is only one of two stocks in the Roth.
Cheers to big things ahead.
Life is good.
(9)
(0)
