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<p>[QUOTE="Rono, post: 162511, member: 6492"]thanks, cloudsweeper,</p><p> </p><p>I concur and apologize for not including disclaimers. I wasn't attempting to advise anyone to invest or not, but rather discuss some of the options other than pure coins. However, I apologize if my postie was taken otherwise.</p><p> </p><p> </p><p> </p><p>I try to keep my investments such as those mentioned in tax deferred accts and thereby avoid having to deal with the blue meanies at the IRS.</p><p> </p><p>CEF is a closed end canadian fund, but SSRI is traded on the NASDAQ. Many mining stocks have foreign tax implications and that's why I keep them in deferred accts. CEF is traded on the AMEX.</p><p> </p><p>And tax implications is huge when it comes to collectables (coins) as the rate is 28% and the new gold and silver Exchange Traded Funds (ETFs) are considered collectables by the IRS. This does have serious tax implications if you own them taxable and have capital gains.</p><p> </p><p>Again, I apologize if my postie was taken as advice.</p><p> </p><p>peace,</p><p> </p><p>rono[/QUOTE]</p><p><br /></p>
[QUOTE="Rono, post: 162511, member: 6492"]thanks, cloudsweeper, I concur and apologize for not including disclaimers. I wasn't attempting to advise anyone to invest or not, but rather discuss some of the options other than pure coins. However, I apologize if my postie was taken otherwise. I try to keep my investments such as those mentioned in tax deferred accts and thereby avoid having to deal with the blue meanies at the IRS. CEF is a closed end canadian fund, but SSRI is traded on the NASDAQ. Many mining stocks have foreign tax implications and that's why I keep them in deferred accts. CEF is traded on the AMEX. And tax implications is huge when it comes to collectables (coins) as the rate is 28% and the new gold and silver Exchange Traded Funds (ETFs) are considered collectables by the IRS. This does have serious tax implications if you own them taxable and have capital gains. Again, I apologize if my postie was taken as advice. peace, rono[/QUOTE]
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