Money 101

[Toofuzzy]

Hi JWMGT90

If you trade anything but a mutual fund ....it costs.

There are NO tax consequeces to a ROTH IRA ......EVER.

Traditional IRA ........money taken out will be taxed. There is a 10% penalty if money is taken out before age 59 1/2 ......with a few exceptions.

Like I posted before both are just baskets.......as long as it stays in the basket there are no taxes....... you can do all the trading you want within the basket.

Too much trading is not good for your financial health though.

Buy 5 diversified ETFs (large value, small value, forien , REIT, Bond) and rebalance every few years and you will do fine and spend a LOT less time worrying about it.

Toofuzzy