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<<I am following this discussion about the commission money that should come out of IRA money. I want to put the maximum amount possible, $2000. When buying stocks in an IRA, it is highly improbable trade such that the total cost of the stock and the commission is exactly equal $2000.

If there is a little remaining, say 15.40 or something like that, should I leave it there as cash? >>

There should always be around $100 to $200 in cash within the account IMHO. That way trading fees and differences in price when placing market orders will always be covered by the money in the account. Additionally, it's tough to always get shares for the exact amount of money available within the IRA. Therefore, the odds and sogs leftover cash should just be kept in the sweep account until the next anniversary date.

Just one Fool's methodology FWIW.


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