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Author: MizBlue Big funky green star, 20000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 76393  
Subject: Trading in IRAs - Help please! Date: 3/17/2000 2:07 AM
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Dear Retirement-minded Foolish Ones:
Here is a foolish question from a great big fool
about IRAs: Mr. Bucks has an IRA containing stocks
he personally purchased several years ago. He's not
retired yet, and stock just sits. He now wants to become more
active in the stock market. Can he trade throughout
this year of 2000 within his IRA with no concern to
capital gain? For example, can he sell off previously
purchased stock in his IRA and take the money and
buy a new hot ZZZ stock for his IRA? Can he buy
stock in March of this year and then sell it maybe
in August when it reaches a huge high -- and not
have any capital gain worries for year 2000 taxes?
Although foolish searches here and there have been
made, no clear-cut answer has been found. Your kind
help is greatly appreciated. Thank you very much.


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