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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic
INTC 36.34-0.1%Dec 23 3:59 PM EST

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To: Brian Malloy who wrote (9886)9/19/1997 4:39:00 PM
From: Dennis   of 27012
 
Sonny, TAXES

My local radio investment "experts" were broadcasting this morning. They were saying that the Roth IRA was fantastic. They advocated rolling over your existing IRA, pay the income taxes on it, and enjoy the tax free benefit of the Roth.

I know a person can do this but should they ?? It seems to me that if you have a large amount in the regular IRA and are YOUNG enough, it may be worth it to pay the income taxes and invest what is left in a great company (intc, ggg) and let it ride for 20 or 30 years then take it out TAX FREE !!! Does this make sense to you ? This sounds to good to be true.

TGIF (not a symbol)

Peace,

Dennis
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