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Strategies & Market Trends : Low Price/Cash Ratio Value Stocks

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To: MCsweet who wrote (1467)7/13/2011 1:56:54 PM
From: Jurgis Bekepuris1 Recommendation   of 1931
 
Public service announcement requested by MCsweet:

If you are buying a foreign low price/cash ratio stock, it is likely to be a PFIC. If you don't know what PFIC is, buy the stock in IRA/tax deferred account, learn and see a tax advisor. At least do two out of three. :)

Some info about PFIC treatment can be found here: justanswer.com


GRVY is a PFIC. You've been served... I mean "warned". :)
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