Ocean Man Argh, I said I wasn't going to buy anything today, but I just can't resist a big sale on AT. Back in at 13.48. Sold it a while back at 14.27
11/6/12
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Ocean Man: which was too early as it headed to 15.17. Trading range is generally 13.50 to 15.00. Not surprised it got a downgrade to hold at the top of
Ocean Man: that range. This drop is a gift. Monthly payer, 8.5% yield, great company. Note: 15% foreign tax w/holding on divs to taxed accounts.
11/6/12
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Archman Investor: Holding AT here since before it was on the NYSE. Always add when it drops. Earnings were not bad. Upgrades/downgrades are meaningless anyway
11/6/12
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Aliefduffey: Do you have to pay that tax if it is in a IRA?
11/6/12
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Archman Investor: No, you do not. AT is best held in a ROTH IRA. Best to you.
11/6/12
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Aliefduffey: I haven't started the Roth, I figure I will use my Traditional IRAs to invest in my own business later in life, if the tax code is the same.
11/6/12
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Archman Investor: Roth is the best thing you can do. Today's tax rates are a gift. Taxes will be much higher in future to pay for today's mistakes. Best 2 u
11/6/12
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Aliefduffey: Research BORSA. Their are several names for it but it is a legal way of investing 401K and IRA in to an active C corporation business.