To: Paul Senior who wrote (84152 ) 5/6/2007 5:06:31 PM From: Wyätt Gwyön Respond to you are right that the ability to do trades without tax consequences is a big plus for IRAs, and it doesn't hurt that you don't have to keep track of all the trades for tax reporting. also, in my case, thanks to the tax-free compounding of gains (and the fact that i wasn't drawing them down for living expenses during their "explosive growth" phase), my IRAs now dwarf my taxable accts--they are almost 75% of my total PF. so from a practical standpoint, if i want to make personally large trades i need to be using IRA money. i prefer to not trade my taxable acct at all, or only minimally. i have long-term holdings in there which pay sizeable dividends that pay my bills, and a lot of unrealized LTCG that i am perfectly willing to let continue being unrealized for a long, long time. thing though is that you want to do lots of this options stuff in an IRA or tax-deferred account
