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augieboo

06/14/03 3:45 PM

#7747 RE: Bandito #7746

In that case you're sitting pretty, IMDO, because you can open an IRA directly with Rydex or Profunds. (I'm not sure about Potomac.)

By doing this you limit yourself to trading only that company's funds in that account, but there are benefits as well. For example, with either company you can trade every single day with absolutely no fees at all. Plus you get the latest cutoff times. Also, with Rydex, you can trade twice per day.

Been Around

06/15/03 11:00 AM

#7754 RE: Bandito #7746

I have a 401K thru GM that is managed by Fidelity. I don't know if GM has a special contract with Fidelity, but I have access to a wide variety of funds. I have the option to exchange daily (EOD) on all. On some, but not all, a short term holding fee would be administered.

Been Around