Sino Agro Food Inc (fka SIAF)

[viking86]

i didnot say that you cannot daytrade it. Yes you can but the 5-yr clock resets to when you buy it back and you pay penalty on the trading gains if any. If you are younger than 59.5, you cannot draw the money before the five years without paying a penalty on the whole amount, capital plus gains. If you are 59.5 or above you can withdraw and pay a penalty only on the gains, not on the original capital (say 6500 but stock has doubled or tripled since you bought it for the Roth account). But if you wait 5 years then you can withdraw capital plus gains all taxfree and no penalty.