NorthWest Biotherapeutics Inc (NWBO)

[Doktornolittle]

Roth IRA's:

Most here know more about financials than I do, but there may be a few who are unaware of what a Roth IRA provides you. In the US, Roth IRA's are retirement accounts where you don't have to pay taxes on gains within the Roth. Your contributions to the Roth, however, are not tax deductible as they would be in other types of IRA's. That is, you do not list them as a deduction during the year that you contribute, or ever; it is just your money going into the Roth.

You can trade your shares within the Roth, just like any other equities account, though I don't believe margin is or should be available within the Roth.

(I believe that) One cannot cash-out of a Roth prior to age 55, and you have to have the Roth for 5 years before cashing out. Both of these restrictions, however, are in reference to gains. You can cash out the $ amount that you put in, at any time, without penalty.

NWBO is certainly a gamble, but with the upside as high as it is... Apparently there is an equivalent to a Roth in Canada.

The annual max Roth contribution depends on your income. It is a little confusing. But it can be as high as $6,500 or $6,500 worth of equities. You can transfer shares into a Roth. If someone were to transfer (their income dependent) full amount today, they could transfer the full amount again on Jan 1, 2017.

I am not recommending anyone do this. I am just educating as to the option.

Business and jokes aside; let me not forget how enormously important progress in this realm would be to current and future cancer patients.