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The IRA is the place to make highly volatile investments that might incur large capital gains taxes. In contrast, your ordinary brokerage is the place for buy&h
by yummyfajitas 11y ago
The IRA is the place to make highly volatile investments that might incur large capital gains taxes. In contrast, your ordinary brokerage is the place for buy&hold + occasional rebalance.
- ahh 11y agoVolatile \neq frequently traded; tax is not affected by commission rate. I find it highly unlikely that almost anyone should trade anything frequently, even in the weirder corners of their portfolio.
- yummyfajitas 11y agoI run some frequently traded strategies as a hobby (i.e., time spent >> my salary). My strategy is profitable (15-20% returns) though not scalable. The IRA is the perfect place for these, due to the tax implications.