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Author: Rayvt Big gold star, 5000 posts Top Favorite Fools Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75664  
Subject: Re: IRA Husband & Wife Date: 5/12/1998 1:24 AM
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<<.... I would like to use that portion of our (my wife & I) funds that is in IRAs for the unemotional growth approach because the short trading cycles that that approach requires would not be taxed on short term gains. However, those funds are currently held in two separate IRAs which will mean that we will have to make twice as many trades to manage two identical portfolios. Is there any way to affectively combine our IRAs for trading purposes?>>

No. But do not dispair. Don't use UG5, either. Not yet, at least. UG5 is so volatile that seasoned investors get white knuckles; there is no way a neophyte will be able to stomach it. The first time you do your monthly update and see a 35% loss, you'll bail out and invest in safe-and-sane bank CD's.

Good choice, though, to use a UV in your taxable account and a Growth in your IRAs. Many beginners get this backwards.

I'd start out with a couple of the other growth screens, a different one for each of you. Both Keystone and Formula90 have good statistics, and trade only once every 9-12 months.

Good luck,
Ray


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