Date: Fri, 23 Jan 2004 17:58:14 CST
From: "Brent D. Gardner, ChFC" 
Newsgroups: misc.invest.financial-plan
References:  
Subject: Re:  Most Cost Effective Way To Buy/Sell Stocks In IRA Account?
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	bXgE0p1RmvWDeNYIPvJy1lU594vnlEzNrLgvmTftGmAfAVbfgirzrQ==
	=mZ2Y

"Tommy M"  wrote in message
news:d759909e.0401231239.4a701ae7@posting.google.com...
> I am able to buy/sell any exchange listed mutual fund in my IRA
> account now without tranasaction fees. Is there any way to buy/sell
> exchange listed stocks without transaction fees in an IRA account?

Yes, there is, but you might not like the procedure, and your current
custodian probably won't allow it. In fact, most of them won't for IRAs.

You can always buy and sell stocks and bonds without transactions fees. You
just have your broker issue the stock certificates or bonds in paper form,
and then go find a buyer who has cash and who will accept the securities
delivered by hand. This is actually routine with some very large private
transactions, but probably not very efficient for smaller amounts.

Brent D. Gardner, ChFC
Chartered Financial Consultant
http://members.cox.net/brentdgardner1378/

"Be ever questioning. Ignorance is not bliss. It is oblivion. You don't go
to heaven if you die dumb. Become better informed. Learn from other's
mistakes. You could not live long enough to make them all yourself." - Hyman
George Rickover (1900-86), Admiral, US Navy, advocated development of
nuclear subs & ships

The Chartered Life Underwriter (CLU) and Chartered Financial Consultant
(ChFC), designations owned and exclusively offered by The American College,
signify the highest standards of academic study and professional excellence
in the financial services industry.