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Re: Slojab post# 1117

Thursday, 05/01/2014 12:33:38 PM

Thursday, May 01, 2014 12:33:38 PM

Post# of 1855
slojab, Chicago Bridge & Iron Company N.V. (CBI) was bought through a brokerage account. I don't have an IRA. The best excuse I could come up with; I'm only 22. I plan to open a 401K through a matching employer this coming July. I plan to only invest in index funds through retirement vehicles. I'm not extremely knowledgeable about retirement vehicles, but I believe that when one sells a security that they must wait a certain period of time until the order is excited.

The problem with this, is that the investment style that I use is not tailored to hold in an IRA with restrictions. If you go to the "My Stocks" tab, you can see the Price Target and Stop that I placed when I bought (CBI). The time horizon I see holding (CBI) is 6 months +/- contingent on many factors. On avg. I tend to hold for 4 months using this investment style.

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