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The question I pose is:
Is using your IRAs as a pool of money for risky investments a bad idea ?

The introductory article suggests (and just talks about) the Dow 4, which is relatively conservative.
But I harbour dellusions about knowing the industry that I work in. I keep track of several companies: and hope to make informed predictions about when a company will grow or slow down. The said industry happens to be very volatile as well.

In my own simple minded way I see IRAs as: and sell as many times as u want, just paying brokerage fees. Great for short term investments, that you want to sell and reinvest more than once a year. Perfect for buying the volatile stocks that I keep track of and sell them off when I see that a company may not do too well.

Can someone please comment on this. Is there a flaw in the logic I have proposed above. Just in case someone may find this information useful in making a comment. I am 23 yr old and make around 70k.

Thanks in advance,
-- Rupee1
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