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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club

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To: Demosthenes who wrote (2112)	11/15/1998 3:10:00 PM
From: Lars	Read Replies (1) of 15132

Demosthenes, >>> 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. >>> Good point re: rate cut. >>> 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. >>> Interesting scenario. I am not an expert on this but I like your logic. The only people who need to worry about ROTHs are in MA. I read a tax article awhile back and they are trying to tax the withdrawals with some obscure state tax over or around 10%. Most believe that this tax won't pass. Does anyone know details about this or the current status?

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