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Post# of 47366
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Neil Scott

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Neil Scott

Re: The Grabber post# 14875

Wednesday, 01/05/2005 6:19:13 AM

Wednesday, January 05, 2005 6:19:13 AM

Post# of 47366
ROTH IRA

Thanks for that explaination of the ROTH IRA Grabber. As far as I am aware there is no equivalent over here in Australia at the moment (we are always a little slow off the blocks when it comes to financial innovations).

I did have a sale from my modest equity warehouse today, sold 16 Alinta Ltd Convertable Preference Shares (ALNPA.AX) for $133.80 they were purchased in Feb 2004.
Also added a new stock to the inventory list Pacifica Group (PBB.AX), its out of favour with the market and has a 6.9% Fully Franked (Tax Free) dividend. It may take a while to turn around but then again we are long term investors.

Regard

neil
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