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To: Innovative

My stock is currently at 50% of basis price. No point in selling. Defense stocks will have to make a huge recovery for any kind of capital gains hit.


14 posted on 11/12/2012 7:01:54 PM PST by Myrddin
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To: Myrddin
I have a little stock, not retirement, and the only reason I keep it is because its a sentimental favorite and the organization is from around where I grew up, plus it pays very tiny stock dividends and has been for about 100 yrs...I reinvest it ...

I think of it as a nice gift for my grandchildren in 20 yrs....

but gees...why keep it if dividends are going to be taxed so high..

16 posted on 11/12/2012 7:18:41 PM PST by cherry
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To: Myrddin
I have a little stock, not retirement, and the only reason I keep it is because its a sentimental favorite and the organization is from around where I grew up, plus it pays very tiny stock dividends and has been for about 100 yrs...I reinvest it ...

I think of it as a nice gift for my grandchildren in 20 yrs....

but gees...why keep it if dividends are going to be taxed so high..

17 posted on 11/12/2012 7:20:00 PM PST by cherry
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To: Myrddin

Fifty cents on the dollar now beats five cents later.


23 posted on 11/13/2012 10:21:39 AM PST by RipSawyer (Free healthcare is worth FAR LESS than it costs.)
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