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re: My DRIP(Cleco) is ending - what do?

Posted on 10/22/14 at 11:25 am to
Posted by AlxTgr
Kyre Banorg
Member since Oct 2003
81745 posts
Posted on 10/22/14 at 11:25 am to
quote:

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).

Right.

quote:

I would look into the LA START plan, there are some contribution limits.

Will do, thanks.

quote:

. 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?

I may. Like another DRIP? How would I find a good one?
Posted by eng08
Member since Jan 2013
5997 posts
Posted on 10/22/14 at 2:34 pm to
Pick a good company for example: ExxonMobile and then set it up as a drip acct.
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