roth

we're learning about the Roth IRA. we're kind of slow.


if you're buying something you think will go up continually for a year, or that it will go up within a year and then stay up, maybe forever, and you're committed to it, do it from within a Roth IRA.

a simple but very specific set of rules applies if you want to create a Roth IRA and invest in it.

it seems i'm mistaken in saying you need to hold a stock for a year in a Roth IRA. i didn't actually say that, but i thought and implied it. it seems you can buy and sell any time you want, in the account, but that you cannot withdraw profits for five years after you first contribute to the account ... without facing a penalty. (the list of consequences is interesting.)

if you are committed to five years of investing with some part of your money, and you qualify, investing within a Roth IRA can ultimately save you gobs in taxes.

seems kind of dreamy.

this kind of looks like an official site, though i don't actually know what it is. anyway, it's got articles about the rules - in fact, that's what it is, articles about the rules. it's set up like a guide. maybe it is one. oh, wait, i was looking at the Roth IRA rules article, not the web site (rothira.com). the article is listed in the home page, though.

i'm just getting a little excited because i'm finding these solid looking, safe looking, long term type companies in my current scan. i wonder if knowing (if it's true) you can trade from within a Roth IRA changes things?