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Strategies & Market Trends : Stock Attack -- A Complete Analysis
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To: Sonki who wrote (8555)5/14/1998 6:21:00 PM
From: Judy  Read Replies (3) of 42787
 
Sonki,

Had lunch with a friend yesterday who likes trading in IRA accounts. Since an IRA is funded with pre-tax dollars, when one withdraws from the account one must pay, say about a third of that in taxes ... why not take the government's share and trade with the government's money for 15-20 years? Had not thought of it in that way before.
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