I haven't seen any comments on IRA Roth conversion as pertains to stocks, etc. that have experienced a significant drop. It would seem that a partial conversion makes sense, assuming you plan to hold the stock anyway (ie. Oil in 1995 vs. 1998 vs. 2000). Even if the stock just came back to the purchase price, in the long run it would result in a much better return due to the tax effect. I am not suggesting market timing, but rather the selective movement of temporarily depressed assets.
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