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Subject:  Re: IRA'S Date:  5/24/1999  5:25 PM
Author:  jocave Number:  10743 of 88535

There are a couple problems with the analysis of the taxable account in this example-

1) Tax rate. Taxable accounts are taxed at capital gains rates, not income rates, which should be an advantage.
2) The taxable account need not sell everything and buy a new set of stocks at every double.
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