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Investing/Strategies / Retirement Investing
|Subject: Re: Aggressive Roth conversion||Date: 2/9/2013 4:49 PM|
|Author: intercst||Number: 71364 of 76615|
<<You then recharacterize the 32K in roth#2 back to the IRA. In essence, you have been able to convert whichever of the stocks that will do best, and all you have to do is some extra bookkeeping.>>
Make sense? Worthwhile doing?
the point of it is not immediately apparent to me.
You're getting 2 swings at a pitch at the cost of some extra bookkeeping.
It probably makes more sense during a time of high market volatility where you could choose two investments likely to have greatly divergent outcomes.
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