Quote:
Originally Posted by captainofiron
Havent posted in a while, but I wanted to thank all the posters on here.
My Rollover IRA has been kicking butt in the past year. Im up 22% since rolling over (taking into account the dividends and reinvesting into my positions).
Right now I am accumulating dividends to make more significant buys and take less of a "hit" on the commission.
BUT how much cash on hand is too much?
Would it be smart to put that free cash into a low fee mutual fund so its not just sitting there earning 0.00000001% (exaggerating) interest?
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Are you paying a percent commission on trades in your IRA? Or is it a flat fee? No way I would pay a percent commission. I'd move my IRA.
Don