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Author: Aida2003 Two stars, 250 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 76418  
Subject: Re: A few questions about taxable accounts Date: 11/21/2003 1:07 PM
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Thanks for a great answer, Pauleckler!!

On meeting the $5K minimum in your Roth, the easiest way is to wait until Jan 1. Between Jan 1 and income tax day (Apr 15) you can make a $3K contribution for 2003 and another $3K contribution for 2004. Consider making them both to exceed the minimum and avoid the fee.

What a great point!! I even didn't think of this option when I called Vanguard. I will call them again to verify if it's allowed, though I believe it should be. My initial idea was to do dollar-cost averaging (did it call it correctly?), but I can wait another year to start doing it, since saving $20 in fees is also not so bad.

Yes, I would like to hold DODBX for long term at least 3-5 years and longer if I see it performs satisfactorily. I don't know if they Dodge&Cox offer brokerage services, though I was not anxious to learn either.

After I learn more about stocks and taxes, perhaps I will also opt to open a discount brokerage account.

But when I want to sell DODBX when I have an account directly with the company, are there any fees rules involved. I didn't ask such specific questions when I contacted them.

Once again, thanks for info. It was great!!
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