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M wrote:
"I am ready to open a Roth IRA. I would like to use E-trade to buy stock in the IRA. My wife is buying mutual funds with her IRA. I want better long term performance. I have searched and searched E-trade, and the net for the rules/advice to doing this. I know the basics of an IRA, but not much on buying stock (most info out there is mutual funds).
Some questions I have are, say I throw in 2000K in this year one in a lucky stock. 6 months later, the stock is now worth 4000K, can I sell that stock, and buy other stock with the 4K (since I am not adding any more of "my money" into the acct this year)?

Anyone know of site(s) that can help me find answers?"

>>>Welcome to the Fool. You can find all the information you need right here in Fooldom. No offense, but it is obvious from your question that you have not invested much time learning about investing. Knowledge is the key to making sound investment decisions. Both knowledge about the investment and knowledge about yourself (i.e., risk tolerance) are crucial to make good investment decisions for yourself.
The simple answer to your question is that all appreciation within the IRA is yours to invest any way you see fit. In fact you do not even have to worry about capital gains tax in a qualified retirement account. Before you make any investment decision, please do your own homework. While there are many knowledgeable, insightful and talented Fools to learn from here, you would be a fool to follow a total stranger's advice, even if you read it here. We simply give ideas and share information and expect others to do their own research before acting on any advice. The 13 steps to Foolish Investing is a great place to start.
Good luck.
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