meazza Posted October 11, 2008 Posted October 11, 2008 Good job on the advantages, move up in class but not to the front. Even though Zeros pay no semi-annual interest (issued at a discount, and mature at full face) they are taxed as if they were. That is the main disadvantage to them. So if you have a large sum of money in zeros you could pay taxes on the annual income that you have not yet received. However at maturity no tax is due because the full value has become basis due to paying the taxes as you went. See, I'm not your typical IA I remember now lol
Chef Jim Posted October 11, 2008 Posted October 11, 2008 I remember now lol I don't even use them. I just know because I teach series 6 class at my firm.
meazza Posted October 11, 2008 Posted October 11, 2008 I don't even use them. I just know because I teach series 6 class at my firm. Series 6 I'm assuming is the equivalent of the Canadian securities course here? I never cared much for personal investing though. Maybe for personal knowledge but I always appreciated finance in a more macro view.
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