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Microcap & Penny Stocks : VLVT (was CSMA) -- Ignore unavailable to you. Want to Upgrade?


To: David Smith who wrote (4122)12/31/1997 4:55:00 PM
From: Dick Jaffe  Respond to of 11708
 
David, if it's not too late, you might want to reconsider where you invest your retirement money. Have you explored the advantages of the new Roth IRA? No deduction, but if you keep the money in there for 5 years and draw it out when you're 59 1/2 or older, THERE IS NO TAX ON THE CAPITAL GAIN!!! If CSMA is the winner we think it is, you'd be far better off in the Roth IRA than the conventional kind. Also, for those of us that are further along in years, there's no requirement to cash out at 70 1/2. It can even be passed along to children or grandchildren, thereby providing the ultimate tax free inheritance.

Just a suggestion from a retired T-Man.

Dick