No. of Recommendations: 0
Therefore, short-term, "in-and-out" or highly leveraged trading should generally be avoided.

I'm wondering who is going to define investment vs. speculation. Does this mean I can't trade on margin, or use options, or even LEAPS? I don't, but could I if I wanted to?

Looks like they almost defined it. Short-term probably means of a month or less. Highly leveraged probably means buying puts without owning the underlying stock, or buying calls without actually buying the underlying stock when it's over, selling uncovered calls, using margin on highly volatile stocks, or trading in forwards or futures.

You *COULD* do any of these things, but to do so would invite unpleasant attention.

401(k)s and retirement accounts that you don't have direct control over are not reportable. There are some self-directed 401(k)s out there where you get to choose individual stocks; they would be reportable. Self-directed IRAs would be reportable; IRAs at mutual fund houses would not be reportable.

incredibly intrusive
Par for the course for anyone working in high finance.
Print the post  

Announcements

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!
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
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.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
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.
Advertisement