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http://boards.fool.com/ltltyou-then-recharacterize-the-32k-in-roth2-30534072.aspx
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| Subject: Re: Aggressive Roth conversion | Date: 2/9/2013 4:49 PM | |
| Author: intercst | Number: 71364 of 72275 | |
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<<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. </snip> 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. intercst |
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