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Steel Penny

04/08/13 6:04 PM

#35471 RE: Jazz5 #35463

One alternative to capital gains tax might be to establich a ROTH IRA. At present SP you could buy over 300M shares and when you sell - wala, no tax and when you are able to withdraw the $$ - hooray, still no tax. You may also be able to transfer some of your present holdings directly into the ROTH IRA, although this could produce a taxable event, depending on the price you paid for the shares constributed. Still, this could produce a lot of very happy campers. Long and Strong on NTEK.
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brainyboy77

04/08/13 10:15 PM

#35484 RE: Jazz5 #35463

put your money into a Roth IRA. I believe 6K can go in for one year or 6.5 if you are an old timer. Many good scenarios make ntek a good candidate for explosive gains that will become TAX Free profits in your Roth. just do it. you will be very pleased with say a 2k investment that goes to 6K and a profit of 4K tax free. yahoooey!!(conservative profit estimates)