- It doesn't feel like "real money" since I can't withdraw it for another 45 years. This means I'm not as risk averse with it, because the time horizon is so big.
- Since it's a tax advantaged account, I don't have to worry about the tax implications of my actions. One less thing for me to worry about while I'm learning.
- It's just enough money that I can pick a few stocks and see what happens, but not so much that I'd be ruined forever if I lost it all.
Thursday, July 5, 2007
I'm using a retirement account, a rollover IRA from a previous employer with about $12,000 as my 'play money' to learn about investing on the individual stock level. My justification for this was really threefold: