The Motley Fool Discussion Boards

Previous Page

Financial Planning / Tax Strategies

URL:  http://boards.fool.com/i-was-just-wondering-about-how-to-trade-tocks-in-11379136.aspx

Subject:  Re: IRAs and trades Date:  10/15/1999  7:57 PM
Author:  dwade Number:  19679 of 127986

I was just wondering about how to trade tocks in an IRA. IF you sell your positions for the month or the year, how long do you have to put that money back into new stocks?

As long as you like if you're talking about an IRA at a broker, the "IRAness" just wraps the whole account. Other than the tax issues it's just like a normal non-margin brokerage account. You can buy and sell whatever kinds of investments that broker offers and unless you transfer money out of the account there aren't any tax issues. It's just like a normal broker account -- when you sell a stock, they don't send you a check. The cash just sits at the brokers (probably swept into a money market of some kind) until you ask for it.

Doug

Copyright 1996-2018 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us