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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: Wyätt Gwyön who wrote (105282)	7/17/2008 6:16:46 PM
From: Paul Senior	Read Replies (2) \| Respond to of 206351

"...it's just as tax-efficient as holding fixed income in a taxable acct." Dollar for dollar. There's another aspect though. Margin is available in a taxable account. With margin rates low now (maybe not later), and fixed income yields so high, it could pay to withdraw money from an ira, pay the taxes, and margin up those dollars that come out of the ira into a taxable account to get more leverage for capital gains or for more dollars from fixed income in the taxable account. I have debated this with myself several times. (I'm at the age where I can withdraw funds without penalty.) The after-tax numbers could work for me. I give up at this point though: Since I already have funds available to margin up in my taxable account, it only would benefit me if I did this (sold ira, paid taxes, margined up remainder) if I were willing to go to full margin in my taxable account(s). That's something I wouldn't do in good times and certainly not in volatile times like now. That's me. Others who are better speculators, more gutsy or desperate... they might see it differently.