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Re: goldendiva post# 74467

Wednesday, 02/17/2021 2:46:05 PM

Wednesday, February 17, 2021 2:46:05 PM

Post# of 161417
You do not get taxed unless the funds are withdrawn from the account. From an IRA you can buy and sell as frequently as you please without being liable for tax. The only catch is you can only contribute a fixed amount each year... however if trading is going well you may not need to contribute. Most of the funds I have are from my 401k that I cashed out, but like an f'n idiot I put it in my individual account. But honestly when I cashed it, I had in mind to use it all for debt. So basically I could have been selling and buying dips for TSNP in an IRA account without having to fret about tax.
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