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Posted On: 01/01/2020 5:10:53 PM
Post# of 155040
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
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