Originally Posted by
Gunfighter
There had been some discouragement of active or riskier trades in retirement accounts earlier in the thread. My point was that trading actively in a retirement account can be part of a broader strategy. There are tax advantages of creating STCG in retirement accounts while holding assets for LTCG in taxable accounts. If done in reverse order the same investments create higher taxes.
That's too complex for my taste. My retirement money is my 'safe' money. I let 'er rip in my taxable accounts. I doubled one of them last year and the taxes are gonna be monstrous. It's a first world problem. I get what you are saying, but that's too much work for me, and limits what I can do in the taxable accounts too much. I don't want to hold onto that much. I am 90% cash right now and I'm selling the hell out of puts on it. Now, when Xiden installs his taxation wet dream, my strategy will change completely.
Great discussion!