No. of Recommendations: 0
why the taxable account instead of the IRA? Wouldn't it make more sense to trade the IRA for tax reasons?


Because I don't have quite enough shares to do it in the IRA and I want to keep and grow the big capital gain I already have there intact. I do most of my option investing in the taxable account because I have a higher level of permission there than the IRA. If this works out as I hope, the tax hit won't be too severe, in any event, coming out break even or a smallish gain.

Print the post  


When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.