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Gold/Mining/Energy : Big Dog's Boom Boom Room
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To: Wyätt Gwyön who wrote (84148)5/6/2007 4:42:37 PM
From: Paul Senior  Read Replies (1) of 206328
 
The thing though is that you want to do lots of this options stuff in an IRA or tax-deferred account though, is that right? You can do lots of trades - as long as you don't run afoul of the brokerage/gov't rules we're talking about - and you don't have to be concerned with keeping records or reporting gains/losses to the fed/state gov't. And because otherwise (in a taxable account) the gains will always be short-term and subject to higher tax payments than long-term. These the reasons?
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