UnThreaded | Threaded | Whole Thread (11) | Ignore Thread Prev | Next
Author: DreamsUnlimited One star, 50 posts Old School Fool SN Olympia3 Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 81617  
Subject: Trading in Retirment A/C Date: 8/6/2006 10:35 AM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 0
On top of my regular brokerage account, I recently opened a rollover IRA and planning to do some investing and trading in it. On top of my core holdings (mutual funds & some stocks for long term)in the IRA, I am planning to use a fraction of my portfolio to trade in stocks that generate some cash. I am planning on using this retirement account for some trading for the following reasons.

• I can trade as much as I want and not worry about the year end reconciliation and paying taxes.
• As I think I am 25 years away from retirement, I can afford to be a little aggressive in trading.
• Whatever cash I generate can grow tax deferred for long time.

The reasons why I don't want to trade in my regular brokerage account:

• As I want to liquidate some positions and use the cash in 3 to 5 years, I don't want to trade here. I just invest in some sound companies and sit tight.
• Taxes will be significant on short term trading.

Any thoughts/advices on my strategy? Also are there any special strategies to go about in retirment accounts? TIA.

Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (11) | Ignore Thread Prev | Next


The Retire Early Home Page
Discussion on accelerating retirement day.
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.