It depends on the circumstances. The gains grow tax free within the IRA but are taxable income outside of the IRA. In addition taking investment money out of the IRA to invest in a non-qualified account results in a big tax hit just to establish the non qualified account. (I don't have "other funds" to invest.)
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
