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Technology Stocks : Compaq
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To: Yargnad who wrote (34151)10/7/1998 11:54:00 PM
From: daaan  Read Replies (1) of 97611
 
The trick I am wondering about is sell a stock before year end to take a tax loss and immediately buying that same stock in a self directed IRA. That knocks down the capital gains tax in the current period(assuming one has gains) and still keeps you exposed to the stock you "beleive" in.

Don't know if its legal, certainly harder to catch.

Anyone have an opinion?

Best Regards, Dan
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