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Started By
Message
re: Advice on stocks to take long position on for IRA
Posted on 12/4/18 at 11:20 pm to bayoubengals88
Posted on 12/4/18 at 11:20 pm to bayoubengals88
quote:
If you have a Roth, you need a REIT. The tax protection on the dividends is a must.
Huh? What am I missing here?
1
Posted on 12/5/18 at 7:25 am to slackster
quote:Many REITs pay 8-12% dividends fairly comfortably.
Huh? What am I missing here?
REIT dividends are taxed higher than regular equities. I don't know the details because I don't have to know them.
The reason I don't have to worry about it is because I have a REIT in my Roth, and I'll never have to pay taxes on the fat dividend it provides.
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