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Strategies & Market Trends : AIM Questions and Answers -- Ignore unavailable to you. Want to Upgrade?

To: Bernie Goldberg who wrote (13)	2/8/1998 1:46:00 PM
From: OldAIMGuy	Respond to of 221

Hi Bernie, Interesting questions! I am also in the middle on the Roth vs traditional IRA. I will be doing the same as far as I can see. I'll add to my retirement accounts, but in the form of new Roth IRAs. Twinvest is sort of a slow motion affair if all we're going to do is send in $2000 once a year! However, if one were to stage the payments on a quarterly basis, maybe there would be a bit more entertainment value! Normally, one starts a Twinvest account with 75% of the initial payment going to the equity side. In this case, it would be $1500 with the remaining $500 going into a money market fund or a short term bond fund. I think for Twinvest and a retirement account the s-t bond fund makes more sense. Twinvest rarely taps existing cash reserves, so liquidity is almost a null subject. My friend Mike does exactly what you are proposing. He owns a stock in both his personal account and in a retirement account. However, he treats the total as one AIM account in his Newport files. This will work just fine. I think he usually sells shares in his IRA when AIM says to sell, because it has no tax consequence. I'll have to ask him how he does this. When you add to an existing account (even though it's kept at a different location) you should use Newport's Trade window and the ADD Stock and/or ADD Both feature. This is true if you are going to add to a present AIM holding or if you are using Twinvest. Best regards and glad you like this new site as well, Tom