No. of Recommendations: 0
<<.... 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,

Print the post  


The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
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.
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.