Mutual fund Investing: Buying a dividend. The prospectus of a mutual fund i am considering informs me that I ? - fund prospectus
should avoid the purchase of fund shares until the fund has a distribution. This is to avoid "buying a dividend." I know this is not a problem if you have a traditional IRA, I would like to know is if this problem is to invest in a Roth IRA? Thank you in advance.
1 comment:
No problem or Roth IRA A. The reason given was that "warning" is more to the liability accounts. Of a dividend in respect of each type of IRA is not taxable (transaction) is only money from an examination of the IRA are not taxed. You can use any kind of profit in an IRA of any kind, and have no impact on the budget.
In general, the fund receives capital and dividend distributions in December to the middle or end, as often advises many investors avoid buying shares of a large sum of money for some time before. You can call the fund company and find out the date (s), which are programmed to make these distributions. In any case, whether traditional or Roth IRA.
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