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Subject:  Re: Multiple IRA's Date:  9/17/1998  5:04 PM
Author:  TMFPixy Number:  5482 of 102459

Greetings, Andy, and welcome. You asked:

I am getting ready to set up Roth IRA's for my wife and myself as well as education IRA's for my kids, a total of 4 accounts. Ideally for me it would be nice to invest the money in these acounts in a uniform way. For example I might like to take all of the money in all 4 accounts and invest it in the F4 dividend approach. Can the accounts be somehow linked together such that I only have to place 4 orders for the 4 Foolish 4 stocks or do I have to place the 4 orders for each seperate account, a total of 16 orders?

They will be separate and distinct accounts, and there's no way to link them for ease of trading. You could try to split a single F4 strategy between them, but that approach will become unmanageable after three cycles or so. And trying four F4 strategies (one per account) will initially be costly, particularly in the Education IRAs. Until these accounts reach somewhere around $4K, you may just want to think in terms of a no-load S&P 500 fund.

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