Posted On: 04/24/2014 10:40:35 AM
Post# of 56323
Re: Live Right #17072
Generally, you can trade any equity, ETF, or Mutuals through an IRA.
You can't do "marginable" trades, i.e. shorting common, but you can trade puts or calls, if approved by your ROP. Given I held a Series 3, 7, 66 licenses, Schwab has no problem with me trading options, but I rarely do. One can hedge positions with a wild variety of ETFs and accomplish the same thing.
For the record, I hold all my FITX within both IRAs, and Roths. Any future dividend payouts can simply be credited to the accounts as cash, or invested in more FITX stock as the situation warrants, or taken as distributions. Cheers.
You can't do "marginable" trades, i.e. shorting common, but you can trade puts or calls, if approved by your ROP. Given I held a Series 3, 7, 66 licenses, Schwab has no problem with me trading options, but I rarely do. One can hedge positions with a wild variety of ETFs and accomplish the same thing.
For the record, I hold all my FITX within both IRAs, and Roths. Any future dividend payouts can simply be credited to the accounts as cash, or invested in more FITX stock as the situation warrants, or taken as distributions. Cheers.
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