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Can anybody tell me whether I can have more than one Roth IRA account? Right now I have a Traditional IRA and a Roth IRA with Vanguard Index Funds. I'm thinking of opening another Roth IRA account with Whitney Tilson's Focus Fund. Must I transfer my existing Vanguard Roth to the Tilson Focus Fund or can I keep the Vanguard and open a new Roth with Tilson and have two seperate Roths? Is there a downside to having more than one Roth account? Thanks.
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