(Total Views: 401)
Posted On: 01/01/2020 5:10:53 PM
Post# of 149406
Re: HHIGambler #14087
Thanks - high bar for the future.
Hopefully I will use my 5 posts wisely.
My latest thinking has been where to best house CYDY shares.
I currently hold some in both taxable accounts and in regular IRAs.
Given my hope for explosive growth this year I am seriously considering rotating some of the shares from a regular IRA to a Roth IRA due to the fact that gains are tax free in a Roth and selling in the regular IRA does not have a tax consequence at this point on the gain.
The goal would be to maintain a relatively steady exposure to CYDY because I can’t plan for a net add due to the high asset allocation to this single stock which got more pronounced with the latest runup.
Any thoughts on this move.
All IMO
sunclouds
Hopefully I will use my 5 posts wisely.
My latest thinking has been where to best house CYDY shares.
I currently hold some in both taxable accounts and in regular IRAs.
Given my hope for explosive growth this year I am seriously considering rotating some of the shares from a regular IRA to a Roth IRA due to the fact that gains are tax free in a Roth and selling in the regular IRA does not have a tax consequence at this point on the gain.
The goal would be to maintain a relatively steady exposure to CYDY because I can’t plan for a net add due to the high asset allocation to this single stock which got more pronounced with the latest runup.
Any thoughts on this move.
All IMO
sunclouds
(0)
(0)Scroll down for more posts ▼
