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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host

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To: Karin who wrote (2590)1/4/1998 6:00:00 PM
From: sea_biscuit  Read Replies (2) of 42834
 
I am assuming you are talking about stocks here...

In an IRA account, you could have transitioned, during the last 30 years, from US Steel to IBM to Wal-Mart to Intel without paying any capital gains taxes till date. You could not have done it any other way (unless of course, you balanced your capital gains with capital losses).

In a Roth IRA, things are even better, because at the end of it all, you can take it out with no tax liability whatsoever (or at least that is what the politicians tell us now...)

Dipy.
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