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re: My DRIP(Cleco) is ending - what do?
Posted on 10/22/14 at 11:25 am to LSUFanHouston
Posted on 10/22/14 at 11:25 am to LSUFanHouston
quote:Right.
First off, if you are being paid cash for all of your sales, you will have a capital gain or loss if these are not held in some kind of deferred account (IRA, 529, etc).
quote:Will do, thanks.
I would look into the LA START plan, there are some contribution limits.
quote:I may. Like another DRIP? How would I find a good one?
. But you said you had a DRIP, which means you were paying taxes on the dividends anyways... so if you are comfortable with that, do you just want to go buy and hold something else?
Posted on 10/22/14 at 2:34 pm to AlxTgr
Pick a good company for example: ExxonMobile and then set it up as a drip acct.
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