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Author: TMFGebinr Big gold star, 5000 posts Old School Fool Supernova Phoenix 1
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Subject: Re: Announcement of upcoming trade Date: 1/28/2013 4:51 PM
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why the taxable account instead of the IRA? Wouldn't it make more sense to trade the IRA for tax reasons?

Hi OPA,

Because I don't have quite enough shares to do it in the IRA and I want to keep and grow the big capital gain I already have there intact. I do most of my option investing in the taxable account because I have a higher level of permission there than the IRA. If this works out as I hope, the tax hit won't be too severe, in any event, coming out break even or a smallish gain.

Cheers,
Jim
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