Quote:
Originally Posted by Amnorix
So question -- do you stick to this even when the 20% increase is within the first year, such that it's a short term capital gain and you're paying taxes at ordinary income rates?
If so, brutal. Don't think I can handle that.
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Actually, I've only bought stocks within my IRA, so I haven't had to worry about the tax implications. On my liquid cash I've just done very, very conservative mutual funds with a goal of beating a money market return.