Anavex Life Sciences Corp (AVXL)

[bas2020]

For tax-conscious investors...

It would be a great time to convert any Traditional IRA shares to Roth, especially if you're over 59-1/2 (accessibility). If the strategy doesn't work out (heaven forbid), one can always recharacterize back to Traditional, without tax consequences or penalties.

Also, would be a good time to contribute to your Roth and buy AVXL shares. This morning, I sold $13k worth of AVXL shares in my taxable acct at $3.30 (long-term gains), contributed $6500, each, to my and my wife's Roths, then repurchased additional AVXL shares in those respective accts.