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Old 09-10-2005, 03:01 PM
StickyWicket StickyWicket is offline
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Join Date: Jul 2004
Location: Covered in goo...
Posts: 46
Default Re: Re-online broker

Question: why do you want to place foreign equities and trade them in a Roth IRA account? Don't know about you, but I don't want to have to babysit my IRA account.

You may want to do some research if you're looking to difersify your holdings into the international realm and find funds that you can buy and hold over a long period of time that invest in similar issues internationally and remove the burden from you of market watching. Consistent equities trading in a ROTH is going to eat up your returns in commissions and kind of defeat the purpose of investing and putting your money at risk. Personally, I'd rather trade international equities in a brokerage account and use the proceeds to make my IRA contributions. Kind of a win-win situation if you're fortunate enough to have decent returns and invest that unearned income into your Roth.

FWIW.

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