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I know this is probably a dumd question, but I can't believe this is so. Can I start a Roth IRA with 2000. and then contribute 2000 a yr. And buy and sell any stock that I please and never pay taxes on the (hopefully) profit, as long as I wait until I'm 59 1/2?
Or is there some limitations on the stocks that I can purchase? Man this sounds tooo good to be true. Beat the Tax Man.
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