Financial & Market Commentary by Canal Capital Management

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Monthly Archives: October 2015

October 14, 2015

Opportunity in a Changing Market (Roth IRAs)

Convert, De-convert, Re-convert…The stock market’s recent drop has no immediate tax impact on traditional or Roth IRAs invested in stocks and ETFs. That’s because neither losses nor gains are recognized within IRAs. However, in today’s market, if there is a silver lining, there are some tax strategies for IRA owners to consider:

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>> By Margaret Smith, CPA




INTRODUCTION

Daily and weekly thoughts on investing and life. If one understands the former, it has a potential to enhance the quality of the latter.
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DISCLAIMER

This blog is for informational purposes only. The statements contained herein are solely based upon the opinions of Canal Capital Management, LLC and the data available at the time of publication of this report, and there is no assurance that any predicted results will actually occur. Information was obtained from third party sources which we believe to be reliable but are not guaranteed as to their accuracy or completeness. This blog contains no recommendations to buy or sell any specific securities and should not be considered investment advice of any kind. Past performance is no guarantee of future results. In making an investment decision individuals should utilize other information sources and the advice of their investment advisor.


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