No. of Recommendations: 4
In general you are right on target; I do it every day. As a general comment the two advantages most people overlook with respect to IRA's or other deferred asset accounts are:

1. They "under invest" & tend to go through a risk avoidance process with an IRA when infact; an IRA is a very long term device & is ideally suited for literally maximizing risk; as time ameloriates risk.

2, They tend to make short term investments in a taxable account and suffer the tax consequences; when infact the short term trading events are much better suited to occur inside the IRA & using LTBH strategy in taxable accounts.

TheBadger
Print the post  

Announcements

The Retire Early Home Page
Discussion on accelerating retirement day.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement