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Randall_Gary@xxxxxxxx writes:
> Can somebody tell me where I need to look to find out about rolling
> IRA accounts into a trading account?
I'm not sure I understand your question, but you can have an IRA
brokerage account, sure; I have one. I rolled a 401(k) into an IRA at
Fidelity and am trading with it there. I don't _know_ that you can, but
I suspect you can just as easily roll an IRA into another IRA (with no
tax consequences), wherein the latter is a brokerage account.
> I understand there is a percentage limit on how much of the IRA can be
> risked, and that it can only be risked on long trades.
Never heard of that percentage rule; I'm sure Fidelity would let me
throw my entire account away if I were so inclined.
As for the the long/short trades, IRA's cannot be involved in anything
that requires margin. You may buy options, or write COVERED calls, but
not sell puts, naked calls, nor engage in short-selling. The rationale
there is that if you are at all margined, you are borrowing money to do
so, which is verboten in an IRA.
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2) Truck deliveries that normally take one day will take five when you
are waiting for the truck. 3) After adding two weeks to the schedule
for unexpected delays, add two more for the unexpected, unexpected
delays. 4) In any structure, pick out the one piece that should not be
mismarked and expect the plant to cross you up
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