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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Paul Senior who wrote (44415)9/20/2011 8:59:03 AM
From: Jurgis Bekepuris  Read Replies (1) | Respond to of 78702
 
I did some ROTH conversion last year and I am thinking about doing some this year too. However, I have to see how much I want to convert.



To: Paul Senior who wrote (44415)9/23/2011 2:58:05 PM
From: Paul Senior  Read Replies (3) | Respond to of 78702
 
Converting to Roth: I continue to bet on an eventual recovery of oil stocks from current lows.

Some oil stocks seem low enough to me to where I'll move them from my ira into a recently established Roth: I am converting some high-cost shares of SU, MAUXF, and MHR now.

With an ira, the government is my partner (taxing my withdrawals). I look at it as if they're sort of a partner in my losses too as the ira value goes up and down with the market. With the Roth transfer, if there's a recovery gain in stocks, I wouldn't have to share those gains with the fed/state governments .

(Fwiw, another other consideration for me: My ira is my largest portfolio; my Roths are very small in comparison. Because we can't know what future fed/state tax changes might affect retirement accounts, I'd like more of a balance between the two types of accounts to diversify risk.)