However, be careful what you do in your IRA. NEVER "play" with more money than you can afford to lose! Don't be like some of these idiots who dump ALL, or a lot of, their money into some one stock, for example, only to see it evaporate! Stay diversified, but I'd sure as heck NOT waste time trying to invest in "tax-free" things WITHIN the IRA!I've sometimes even day traded with a small portion of my IRA money, making as much as $1,000 or more in as little as half an hour a few times How can you say in one paragraph not to gamble with large amounts of your IRA, and then in next paragraph talk about making $1000 in a half an hour...You need to quantify that $1000 by explaining how much you risked and what percentage of your total IRA it was...I find it hard to believe you ever made more 2-3% in 30 minutes which means you must have gambled $30,000 to $50,000 at a time on a single stock. You need to point that you have a million dollar IRA (or whatever) to put it all in context.