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Spark New Zealand Limited Message Board

  • lawandlight lawandlight Nov 11, 2005 1:06 PM Flag

    NZT Is A Great IRA Stock Holding

    Be sure to ask your provider for an automatic reinvestment of dividends, then just sit back and relax while you buy stock commission free and tax free. Let 'er rip!

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • " Holding this stock in a Roth IRA is the best choice of all! "

      ==========

      Provided you qualify, of course.

    • NZT pays an additional amount to foreign shareholders to compensate for the 15% foreign tax withholding. Holding this stock in a Roth IRA is the best choice of all!

    • <<<The proposed elimination of taxes on dividends ( if the loony left dosen't block it) would be welcomed>>>

      Won't happen. Gotta pay for Bush's loony misadventure in Iraq.

    • yes...I am beginning to believe that NZT is worth investing in. Today..I noticed that nearly none of the telecoms ended in the green with the exception of NZT and TLSNF (Teliasonera)and several others.
      I have a large portfolio that is filled with telecom stocks that are about as diverse as can be. But..I do indeed believe I will invest in NZT on Monday. Seems like all the quiet companys are the ones that are moving forward in either stock price or dividends
      TKC and TLSNF have been my biggest gainers thus far over the past 5 years. Was in and out of the Russian telecoms but they are too volatile for my blood.
      Best to you all!

      • 1 Reply to bvanvelzer
      • I'm also looking into possibly buying 200-500 shares of NZT sometime next week. Have we already passed their November ex-div. date?

        Bvanvelzer, it's too bad you got out of the Russian telecoms, though... Their extensive volaility is in the past yet their valuations are still rocking the big time!

        Check out MBT or GLDN. Both companies run great businesses with lots of potential. Currently, GLDN is priced at especially attractive levels. Those companies can add both sizzle and diversification to any portfolio.

 
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