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Re: fung_derf post# 282

Tuesday, 11/18/2014 9:47:03 AM

Tuesday, November 18, 2014 9:47:03 AM

Post# of 1499
You are correct, fung. They "basically" are similar, even though LNCO pays a bit more. However, there is one major difference.

With LNCO, I can hold it in an IRA, a perfect place for buying high dividend stocks. It was basically created to allow folks like me the ability to buy LNCO penalty free in an IRA. With LINE, I would be penalized for any dividends exceeding $1,000.00 per year.

Both LINE and LNCO are excellent stocks, even though they are the same company....
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