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2009
Comedian Username: 2009
Post Number: 1296 Registered: 07-2008 Posted From: 67.60.37.216
Rating: N/A Votes: 0 (Vote!) | | Posted on Saturday, March 15, 2014 - 09:00 am: |
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IRA/401K account or just brokerage account..Clarify please. If you dont need the money in near future, I would keep it in fidelity. yes you can trade and let the money grow. At some point Fidelity is going to ask to update your permanent address in US. You can tell them your situation asking them not send any statements since you can access them electronically.. |
   
Vakkapodi
Comedian Username: Vakkapodi
Post Number: 1670 Registered: 06-2008 Posted From: 122.175.64.223
Rating: N/A Votes: 0 (Vote!) | | Posted on Saturday, March 15, 2014 - 06:17 am: |
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please ignore 1) |
   
Vakkapodi
Comedian Username: Vakkapodi
Post Number: 1669 Registered: 06-2008 Posted From: 122.175.64.223
Rating: N/A Votes: 0 (Vote!) | | Posted on Saturday, March 15, 2014 - 06:15 am: |
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Guys Need your advice I moved to India permanently three years ago. I still have about 10k invested in Fidelity out of which 5k is still in cash and other invested in shares. If i sell the shares now, will make about 3k profit. 1. I cant continue my NRE account because, ICICI is forcing me to close the account and instead open NRO, since i dont live there anymore. 2. if i sell the shares and withdraw all the money, fidelity by default deducts 10% from it. Do i still need to file returns for 2500 profit ? 3. Can i trade again without withdrawing money from fidelity ? Long term implications enti ? |