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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club
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To: Lars who wrote (2088)11/15/1998 12:08:00 PM
From: Demosthenes  Read Replies (3) of 15132
 
Lars,

Great summary for those of us who got taken out half way through the show b/c of football.

BB also said that the Tuesday rate decrease was 50/50. We'll see.

Also, regarding my decision to convert to Roth.
1) My IRA is small and all I own in it is a depressed semi equip, which I expect to triple in 2 years.

2)If I pay taxes on the price now which is very low, I will not have to pay on all the gains over the next few years. My rationale is focused on my age, 36 and the opportunity to lock in lower taxes on an acct that I expect to appreciated significantly.

3) I have thought about unconverting to a traditional IRA again, but this is the last year I think I will qualify income-wise.

Comments please. Does this sound good?

Rgds, D
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