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Author: jkrou Big red star, 1000 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 76406  
Subject: Re: short term investmenting in IRAs Date: 8/25/2000 4:27 PM
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Rupee,

the main problem that I see in your strategy is that you are buying and selling a lot. Commissions come from within the IRA so you are diminishing the value of the vehicle by trading. Granted that this becomes mute if you make a huge gain on sale, but that in reality is not that often. One only has to look at the percentage of day traders who are losing money versus the ones who are making money to see that it is not really suited for your long term retirement funds.

Are you comfortable betting your retirement against the trading strategy?

Jenn
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