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drip:

Just out of curiosity, how does one NOT entrust their money to someone else without putting it all under the mattress?

Well, you can direct how it's invested on your own, of course.

Within an IRA, one need not go nuts and day trade (hopefully not), but, if you have a modicum of intelligence and some studying under your belt, do some due diligence before buying or selling, and have a reasonably low commission rate to work with, you CAN do SOME trading and/or investing on your own within an IRA or 401k, with no fear of dealing with capital gains or any other taxes, until you withdraw any of it.

Paying attention to what is happening to one's money can be as active or as passive as one cares for it to be. One can day trade with one's retirement money or one can sit back and watch it grow like the grass with an occasional mowing. Or anywhere in between.

Bingo!

You've got it right there!

Vermonter
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