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Replies to #326 on Taxes (TAX)

bkc46

08/26/09 4:35 PM

#327 RE: ypsiCPA #326

Oh, I wish!! Congratulations are not quite in order just yet! But....millionares are being made on SPNG! If, big if, there is a MOASS, I have some outlandish sell numbers plugged in. Etrade states; You have entered an order for x shares which would be X millions (lol), do you want to continue.

I was concened there may be an automatic tax applied...maybe I should break up the orders to come in under 1mm.

When my ship comes in, I will be distributing first from my ROTH, in an amount not to exceed my initial deposit rolled in 10 years ago. Use the proceeds now, and then for kids college, and hold off until 59.5 to touch the IRA, also recklessly, heavily invested in SPNG.

Appreciate your thoughts...