Reddit Posts
Questions about my ROTH IRA fee structure / returns
ROTH sep ira for 1099 contractors?
PayPal shares fall after CEO announces AI-based products
What stock/suggestion have you gotten from this sub that actually WORKED?
Help understanding the income cap for Roth IRA
Investment accounts for Canadian working in US temporarily
Can you do a back door ROTH IRA even if you make less than 160k? Or only if you’re over the threshold?
Need help - company is switching from 401k to Simple IRA
Need help - company is switching from 401k to SEP IRA
Does RH support backdoor Roth IRA conversion from a regular after Tax IRA?
With IRAs about to reset for 2014 what are you all planning to buy?
Convert Wells Fargo managed ROTH into WellsTrade ROTH account
Transferring Vanguard ROTH to Robinhood Roth?
Will the standard $29,000 (maxing 401K and ROTH IRA) for 30 years be enough to retire comfortably only withdrawing dividends?
In Return for Losing All My Money, I got FREE Earbuds
(US) solo/self 401k vs apple savings (or other high yield)?
Am I making a mistake my investing in a joint taxable investment account with mom?
Getting 13k Every 3 Months for Student Loans, How Should I Invest?
Best Long Term Investments? Any recommendations? RE: ROTH IRA
I am in my early 20s, debt free, and entering military out of college. How should I invest?
Will investing in international ETFs in my ROTH be taxable by foreign countries?
Need some help thinking though Roth vs Traditional
Keep investing through a 401k from my paycheck, or put after tax money into a Roth instead?
Wouldn't it be much more logical to swing trade in Roth IRA's and long-term hold in regular accounts instead of the exact opposite?
Am I doing something wrong -- Account Fee's
Anyone held custody of private investments in IRA/Roth?
Mentions
Contributed to my ROTH IRA today
now that SNDK is gonna split, is there any long-term virtue in buying a few shares in my ROTH?
Damn, someone never heard about Roth or the MEGA BACKDOOR ROTH.
Short term speculation aka high risk trades aka what the lower and middle class shouldn’t be doing a lot of, generally. 0DTE’s are for greedy people that can afford to lose money, not for someone who is starting to build a ROTH / TFSA / house down deposit.
I'm kind of in a similar feeling about the economy. You are already IMO in a good position to take advantage of a major market downturn if you have half your money not invested. First, make sure you have 1 years worth of spending in cash. Jobs will be lost if the markets implode. Second, if you have more than that I'd position it to add into the market if we approach correction territory, sort of modified dollar cost averaging what you want to put in by spreading it out over a roughly a year maybe two. Alternately, increasing your 401k withholdings to max, open a ROTH IRA if you can, and DCA if you can using your cash assets to make up the difference.
at least you didnt yolo like 315k SPCX at 211 in your ROTH LMAO that was truly the dumbest shit I've ever seen this year. Only 1000strike TSLA calls can beat that
Hey, don't call out both of my major holdings here! I put NVO in my ROTH thinking I was smart to not pay taxes. Well, guess what? No tax loss deduction for this bad boy!!
Either way, seems like a good stock to have since I don't have any Korean companies in my ROTH. I can afford not spectacular earnings on it 🤙
No, you are young, as an option you can just invest in the S&P 500 like VOO and don’t ever have to worry about it. Set as an automatic investment! Best place to invest is in a ROTH IRA, let it grow until you’re ready to retire (for ROTH IRA, at least 59 1/2) and sell that to purchase dividend stocks to live off and you’ll never have to pay taxes on growth or dividends!
That's a run not walk scenario. That compounds to 12.6% per year which is more than what the stock market makes on average. So unless he's giving returns so good that it seems like a Ponzi scheme it's not worth it then you should bounce. Also consider a ROTH IRA conversion for part of it.
As soon as you sell, it’ll rip. Lol just hold, wait for the bottom and add, I’m down like 40k on my risky growth port. But my ROTH port is up 45k. Don’t care, I’m still young, I’m gonna buy more on my growth port. Add and ride or let it go to zero.
I'd just open a ROTH IRA account and use the brokerage to fund it. Some good advise I once got: 1) Max your 401k up to what match you get from the company. 2) Max out a ROTH IRA. 3) If you still have resources you want to invest for retirement, include that in the 401k.
I wish I added more to my ROTH when I was younger
Not a lot. Don't have much free money in my ROTH account
Not everyone can contribute directly to a ROTH. Some can only convert into one
Wanting to get a solid portfolio setup for my ROTH and personal brokerage. 21yr. US. I can comfortably max out my ROTH. No employer match. I can also put some into a brokerage account, however it's currently in a HYSA. Whatever I don't put into my ROTH will be for a house. No rush. Would like to downpayment on a starter townhouse in about 5 years. Looking for lowrisk. I have my fun investing money set aside from when I have lighter months ;) Have VOO, SPY, and NVDA in a personal brokerage. Nothing in the roth that is meaningful. 25% of my paycheck is to monthly expenses, about 50% to retirement and investing. No loans, no debt. Just looking for a place to park my money in my ROTH tbh. I don't mind having my money sit in a HYSA, but I do want my retirement to compound sooner than later.
Thanks. Grabbed some on my ROTH!
exactly. i only maxed out my ROTH twice.
If $TSLA opens -5% tomorrow then my ROTH will be up 300% in 1Y which is basically max time cause I only started "investing" in it last year. I have only shorted or bought gold in that account. SOXS, NBIZ, MUZ, SNDQ, SMCZ. You just gotta have the discipline to short the top and cover when you in the profits. no options or gamble in that one. purely inverse ETFs shares
All of my money that is outside of the brokerage is in equities. I keep the CASH inside of SGOV because its safe and its primary purpose will be to hedge against SoRR with a secondary purpose of funding ROTH conversions. As of right now, it serves as my Emergency Fund instead of having a HYSA but I understand where you're coming from.
I feel like I'll look back in 20 years and find out I should have just put my ROTH IRA all in SPCX
You still have money in your ROTH to lose
Pull 1k from your ROTH and make your losses back.
First, good on you. I wish I started saving a few years earlier too. So by doing so you are well ahead of the curve. It's a lot easer to manage if you have it all in one place. If you want to open a new account I'd suggest looking at other types of accounts. Brokerage vs. IRA vs. Roth IRA. If you don't like where you are at then I'd move all money elsewhere. One very much overlooked option in a ROTH IRA is that since it's post tax any contributions you make (but not earnings) can we withdrawn at any time. So you get the advantages of being able to withdraw earnings tax free for retirement but also partial liquidity by being able to take the money you put in out if you need it later.
I've always told investors that I've met during my career, that this is the thought process they should be using when trying to decide or Roth or pre-tax. When you are in the first part of your working career, your wages are expected to be lower. Pre-tax savings allows you to save, but not have it reduce your take home pay on a dollar-for-dollar basis. If I save 1.00, my take home pay reduces by 75-80 cents, as an example. With Roth, while my wages are lower, it's dollar-for-dollar into the Roth. I might need that take home pay for just paying the ever-rising cost of living. Doesn't matter anyway, as no one really listens to me. 25 year career in 401k administration and management. Education, design, investments, legislation, plan administration, plan compliance testing, even down to reviewing Form 5500. Nothing I say matters. Monkeys hear new word - ROTH!!! - they do what monkeys will do.
Do you have a ROTH IRA? You can withdraw the contributions portion at any time. So any interest/dividends/earnings would be tax free later but you'd still have it accessible if needed.
Appreciate the reply. The over-arching goal of my brokerage account when I retire is SoRR. A secondary goal would be some cash to cover ROTH conversions. My other accounts are equity heavy so if I'm able to have 180K CASH in my brokerage at the time I retire, that works out, overall, to a 88 /12 split. My military pension comes with COLA and healthcare until Im 65 so thankfully I dont have to worry about ACA subsidies.
put 5% of my ROTH into it at 45$ , gut punch haha
I think a lot of people hold the assumption that ROTH's tax advantage is inherently better, all things being equal.
It also has nothing to do with a ROTH account
Pay the taxes up front or pay later. I also don't see the difference, and have someone adamant that I need a ROTH as well. My understanding is that ROTH makes sense if you expect your tax rate to be higher in retirement. I don't see that being the case.
Oh it's all in your ROTH? You're going to retire so comfortably, I'm jelly! Your researching ability is your super power 🔋💫💪
Nope. I sold and trimmed through the top in Q2 in April, May and June, made some trades in between July and August, collecting premiums on cash secured puts, buying some puts here and there. Now I started buying stock in the past couple days. I still remain bullish. I bought NVDA into my ROTH today too.
I am an absolute novice with trading and I am in the same boat as you. As a novice, do not trust any advice from analysts or anyone saying to buy 1 particular stock. Yes the upside swings can be big but this is the equivalent of you going to a blackjack table and hitting on the hand just bc someone told you to. The common sentiment for most people who want to invest but don’t do research or in depth analysis is “VT and chill” which is to say put 100% of your money in the VT ETF and DO NOT WITHDRAW. Over 30 years you will expect to average 7-10% annual returns which can set you up for life. This is what I personally do along with many others in r/bogleheads. You have 2 ways to invest using this method. 1. Dump 100% in an etf of your choice all at once. 2. Dollar cost average. You allocate a certain dollar amount to put into the ETF every month. The idea being no matter what price you buy at your costs will average out to the median price of the ETF over the year. If line go up, it doesn’t matter what you bought at bc you made money. This method is lower risk and what most responsible investors will advise. My advice to you. Sell all your positions that is not in an index fund/ mutual fund/etf. Gold/silver/uranium can be good but you will not see gains that can set you up to retire. If you are indeed up 60% then it’s a good time to get out. A quick glance at your picks over the last 5 years shows these stocks are basically even. You want growth over time. And growth in your Roth is 100% tax free. Lastly you should MAX OUT YOUR ROTH at every chance you can. Any leftover funds should also go into etfs in your emergency fund/hsa/529/brokerage in that order.
I’m up 59% in my ROTH IRA over 6 years. Had I invested in SPY and closed my eyes, I would be up 80%. \-5 IQ on my end.
they are fucking the economy and market and everyone is just coping no riots nothing worse to come for you ROTH IRA
I am the wick my my candle LEADS are my body and FIRE is my blood I have created over a thousand trades Unknown to ROTH, Nor known to my wife Have withstood pain to create many bots And yet those paper hands will never hold anything So as I pray, UNLIMITED TRADE WORKS
In some ways so. Sold MU at 100 HOOD at 30 AMD at 100 and many more. Especially during liberation day. Panic sold the shit out of LEAPs at 90% losses. ROTH IRA 500% gains down to -99% lol, internship money ended up becoming 10yrs+ of contributions. In another life or world I would've been retired by now. Think about it alot when I clock in but I haven't had to work that much yet and I'm very fortunate my job rn is very good in terms of hours and environment. I'm afraid AI will take my high earnings job before I can retire though. And not enough know how to start business yet. So just working and living life rn. Shits scary in SW field and all of white collar especially underestimates how scary I feel sometimes.
Doing yourself a huge disservice by having only $190 in a ROTH.
And do what with it? Pay capital gains? That's an entirely different conversation seeing the entire tax code behooves them to keep all their money in the market. People like Peter Thiel have 100s of billions of dollars in ROTH IRAs holding stocks that they don't have to pay taxes on. Unless the entire tax code changes, they're keeping their holdings put.
No problem! Yes, I still have it, actually I have it only b/c it was the first item I saved in! I would recommend it and then let it ride once your income surpasses the limits, don't do the backdoor, move onto managing your own wealth and one day if you ever need to re-visit your ROTH hopefully it's many times more than your original investment and you get the tax benefit!
Please, stop omitting the noun. 401ks can be Roth as well. As can TSPs, 457bs, etc. You don't drive a red, do you? No, you drive a red car. It's also "Roth", not "ROTH"; it's not an acronym. And I'm not just being pedantic. The IRS cares, tax preparers care, and you should care, because getting the container wrong can cost thousands of dollars. And we regularly get confused people on reddit who don't know the difference, partly *because* everyone uses "Roth" to imply "Roth IRA" when that's not clear.
> I plan on being well off in 10-15 years and with an entreprenurial mindset i plan on investing capital into real estate and business to grow over 40 years vs it sitting in a ROTH What makes you so confident that you will beat out every other entrepreneurially minded person around you and get wealthy within a decade? Do you think you're the only one that wants to try to get rich?
You cant touch money in a 401k either? What the hell are you talking about? Also, you can always withdraw your ROTH contributions tax free. You just cant withdraw any gains. If you put $40k into a roth and it grows to $100k, you can pull that $40k out whenever you want without any penalty. Also, you should do BOTH a 401k and a ROTH. ROTH has a much lower cap, so ideally you max your ROTH and still contribute significantly to your 401k to take advantage of the max matching available to you. But then again, you've already decided you are going to be rich, so why bother?
SPACEX DOUBTERS? ALL IN ROTH IRA DOUBTERS? I openly laugh in ur face
I have been investing for a little over a year, solely in ETFs because I like the idea of the slow climb over time as well as it just being a lot less to manage. I want some advice on what I should consolidate doen to or if these are good long term plays. With that being said here are my holdings ROTH: VOO, VXUS, VGT HSA: VTI, VT Yes I am aware that there is overlap. Most of it, such as the VTI and VT in the hsa is from when I initially started investing in VTI but switched to VT to invest broadly. Started investing in VGT purely because I like the tech sector.
1. Humans are wired to be risk adverse. It’s survival. But making money in the market is all about taking risks. 2. Psychologically once you convince yourself the doom is around d the corner it is nearly inevitable possible to buy back in. 3. The economy is NOT doing bad right now. Things are pretty even. 4. The stock market is a forward discounting mechanisms. Most economic metrics are backwards looking. It is well known that markets bottom before the economy turns around in recessions. There are many many more things I could type. But suffice it to say that if you don’t know what you’re doing, buy the index and never check it again until you are 60 (in your ROTH)
Kind of. In the beginning of the year I set up my IRA and my ROTH to have an increase contribution. So I 2026 is already taken care of. However I still have $2k to contribute on my health savings. I don't care about this one.
I don’t have much crypto but what I do have I’m selling on January 1st and putting in my ROTH IRA. I’ll put that money in SCHD & SCHG
Age is not a factor in your decisions Some young people don't have the risk tolerance for growth investing. Dividend investing is better for those with low risk tolerance . And for some people there financial future it better if they invest in dividneds when young to Each person has different income, jobe security and financial needs so ther is no one size fits all investment sratagy. And not MLPs generate K1 tax forms that can complicate your taxes. And you don't want to hold them in IRA or a roth. They could creat a taxable hit in the roth or IRA. You can avoid the K1 complications by investing in fund that invest in MLPs. I USE EMO 8% YIELD IINMY ROTH AND Taxable account. ET is an MLP (master limited partnership) They make money processing and moving oil and gas through pipelines. They are required by low to pay out most of there income as dividneds. Although it is a small sector of the economy it is in general a profitably sector of the economy. The only real reason growth would be better is because growth always does better in a bull market than dividned funds. But in bear market (the last bear market ended about 15 years ago dividneds generally do better then growth. Now when you recieve a dividend you owe tax on that income. Growth index funds are very tax efficient due to the very low to zero dividend and the fact most just hold the funds without selling which also generates taxes. But MLPs in the US generate qualified dividends which are taxed at much lower rate than bond, savings account interest. Now the best portfolios are ones which are diversified. Many growth investors believe they are diversified but by focusing on growth they exclude much of the market that generate dividends, bonds, and debt obligations. Which means portfolio performance suffers considerably during a market crash or a sideways market were there is very little growth for a long time.
Roll it over into a traditional IRA then gradually transfer money to a ROTH IRA watching that you don't push yourself into a higher bracket. If it's just 10k you might be able to do that all at once without going into a higher bracket.
Just ran my calculations actually at I had no real idea. 401k with match, match on bonus, HYSA, HSA, I'm at about 34% savings rate of my total W2. I also invest more from my side business usually just max ROTH IRA so a tad more
My biggest downfall is that I don’t make a lot of money, so I can’t max out my ROTH, nor do I have a 401k.
It’s a ROTH IRA. Trying to play catch up because I am 42 years old.
I have $12,000 in a HYSA, maxing out my ROTH IRA annually, and contributing 15% to my 401K. I also have about $5,000 in my main portfolio. I have a mortgage that’s about 30% paid off I have a 2025 Toyota almost entirely paid off. Just got a raise to put me into 6 figures. In my mid 20’s I don’t need any help just wanted to flex on you poors.
Yep, risk on in the ROTH, the magnatude of growth can be pivotal when gains are not taxed. That said, I do like SCHD & VXUS for a bit of income in my old age.
Economists and hedge funds have predicated hundreds of the last three financial crises. The thing is if the stock market drops 90% in the next 3 years, you're more likely to gain purchase power than losing it because the rich will become a lot poorer than you. Anecdotal story here: I remember shopping on the fifth avenue in 2008 and partying at a Las Vegas strip club in 2009. The services at the time were unparalleled. I've gotten many times richer since then but seem to have lost a lot of the purchase power due to the widening wealth gap. The top 1% of the US household now is worth over $12 million. Yes, your 401K, ROTH IRA, and whatever accounts' balance will look very ugly but 1. The US government will save the market and find treasury debt buyers 2. The richest will lose more purchase power than the rest of 99% and therefore narrow the wealth gap 3. This one is the best: buy when there's blood on the street, even if it's your own blood. Never waste a financial crisis. Be prepared to buy things up. I remember buying Amazon at $6 a share in early 2000s. Then it somehow tripled during the 08 crisis.... If I were you, I'd set side a lot of cash as emergency fund and collect that 4% on cash. Keep the other half invested and patiently wait for that market P/E to crash.
Wait! Let me liquidate my ROTH! :screech:
ROTH IRA. portion every paycheck into VOO or FXAIX
Emergency fund is 1st. 3 to 6 months cash in savings. No load mutual funds. Low cost. Life time return since inception You cannot go wrong with American Century and or Vanguard - there are many other good companies to choose from. To keep taxes low and good return look for for low turn over rate. Put a little in a ROTH also. Long Time horizon golden.
I have a 720% return in my ROTH Read it and weep bers
The simple answer is you already paid tax when you put it in your ROTH IRA. So you won’t be taxed, but you might be penalized for early withdrawal, maybe… Also anything put into to ROTH IRA this year counts as income. So if you’re taking advantage of government programs (what’s left of them) you need to watch your income. For example, I’m on Covered Cal and if I make over $86,400 this year I have to pay back $19k in free healthcare. Income includes stocks sold (minus org investment), severance pay, unemployment and ROTH IRA contributions.
I have a car, and a motorcycle to commute to school, work, etc. I wanna have a little amount like $2,000 as an emergency fund for now. I was thinking I could treat this as a “savings” account as well, like if I need it for anything important like bills or whatever, I can just pull from it. Otherwise no touch. Then I’ll have like $500 in checkings for miscellaneous, reoccurring bills, etc. My paycheck will also go to my checking, and I get paid weekly. I have about 2 years to finish my BSN, so I’m not too worried about an emergency fund AS much. If it’s something terrible and I absolutely NEED the money, I know that I can pull from my ROTH IRA (not recommended I know).
The taxable is taxed, but that's not some horrible problem. You get taxed when you sell stock resulting in capital gains, or when your stocks/ETFs distribute dividend income. If you buy and hold long term you won't have to worry about capital gains taxes until some point in the future when you sell. It's not like the account itself is just being taxed every year because April 15 rolls around. It's \*only\* taxed at sale. And VOO throws off a \~1% dividend yield, but if you're a low-income college student, being taxed on that 1% yield will be at a low marginal rate. Just open a brokerage account and start saving your extra money there. You can do the exact same allocation as in your ROTH, or a different allocation, or whatever you like.
Quick question, what do you think ROTH stands for?
Someone at the bar told me to buy RIM at 50, so I did $1000 in both ROTH IRA and regular acccounts back in something like 2014. I think I sold it at 3.
you can buy call options in a ROTH IRA?!
Nah, I'm a nerd. Also, legit question, I have only ever invested in my ROTH and 401k. Is doing taxes that hard for investment s?
Tinking is where I learned to trade in the first place. Everyone says use a paper account, but to me the transition is big when you go the real money. When people want to get in to trading I always tell them to open a tiny ROTH with to $1000 you would have lost betting Football and just take risk on shit and learn how it all really works.
Yes I would use a ROTH, and I guess you don't play management video games. I love doing just like this just for fun., also could you just rebalance every 13 months to make all changes long term.
It doesn't have to be perfectly balanced it is just a little side thing and the beauty of it is you can just skip companies you don't trust or have beef with. It is like a model train set or garden. Just a thing to do for fun. And I would do it in a ROTH.
So you mean ROTH Ira is negative but you’re positive on gambling acct (Robinhood) ?
Op I'm guessing you're in your 30s. If you had half a brain cell, and just put your Roth in spy now that you have a massive pot, you'll have 3-4 million for retirement. JUST FROM YOUR FUCKING ROTH. You did the gamble to get the win. If you keep going you will absolutely fuck it up
My dude he knows what he is doing, except for his SPCX. His ROTH is in down because of SPCX. Almost of his gains here are from MU and the mag 6
It’s his ROTH IRA. He was taxed when he put money into the account. If he sells now and holds in his money market and withdraws at 65, he won’t be taxed.
Okay, I'm UK based so I'm not sure which audience this will reach, but I know NOTHING about investing. I’m a 19 year old student, living at home with my parents so I don’t pay for an accommodation or any bills, except from my mobile data plan and gym membership every month. i don't have a job at the moment, the job market is horrendous (but I'm still searching) but I receive my student finance in 2 weeks, I get £3k each semester but this first payment, the majority is going to cover my overdraft, which yes I know was a stupid idea to get myself into but I'm not going to be making that mistake again - but I'll also have a few hundred left over from that. I always hear people say it's best to invest in like high yield savings accounts and 401ks and those ROTH things. I came across a TikTok today and the person said even if I was to put aside £5 a month to invest, it's better than nothing and it's better to start off like that so it's easier for me to make mistakes now on low amounts rather than down the line but I don't know where to start? Like is it an app i download and then put money into and leave it? Do i sign up for a website like what is it exactly that i need to do?? And no i don't want to invest to become a trader or anything i just want to start now so i have a little financial advantage or benefit when im older. I was thinking of opening an ISA on that trading 212 app and maybe putting a side a small amount each month but since I am completely clueless, I thought I'd ask first?
Okay, im a 19 year old student, UK based so I'm not sure which audience this will reach, but I know NOTHING about investing. Like I always hear people say it's better to invest in like high yield savings accounts and 401ks and those ROTH things - I came across a TikTok and the person said even if I was to put aside £5 a month to invest, it's better than nothing and it's better to start off like that so it's easier for me to make mistakes now on low amounts rather than down the line but I don't know where to start? Like is it an app i download and then put money into and leave it? Do i sign up for a website like what is it exactly that i need to do?? And no i don't want to invest to become a trader or anything i just want to start now so i have a little financial advantage or benefit when im older. I was thinking of opening an ISA on that trading 212 app and maybe putting a side a small amount each month but since I am completely clueless, I thought I'd ask first?
Had an old employer ROTH IRA with 6k I had to rollover. Didn't really give a fuck about it and turned it into 40k in 2 days now. Few more flips to 100k and I add it to the stash long term bag.
I own CATL stocks . Just buy them on the Hong Kong stock exchange (HKEX) . Outside the USA electric vehicles and hybrids are typically 50% of new vehicle sales in most Western democracies. Sales continue to expand rapidly. The USA seems to lag because despite all the complaints; gas and diesel is typically still 50-75% cheaper in the USA of what people in most countries pay. CATL dominate global battery tech and sales . I've owned a small business in China now for 26 years and have been buying goods from manufacturers in China and selling in my home country during that time. I'm a regular traveller to China to trade shows. In the past few years I've seen EV's in China move from a curiosity to absolutely dominanting the market. It's easy to see the future for the world when driving around in China where in about 10 years I've seen gas and diesel cars become dinosaurs . I noted just this week than EV's and Hybrids now outsell internal combustion engine sales in Australia. I use Interactive Brokers( IBKR) online platform to trade stocks all around the world. I've found it's better value to buy stocks direct from their main listing exchange than buy the "American" version on a North American market plus it seems only a matter of time before the Ai bubble bursts and USA stocks crash massively. Virtually all S&P ETF's ROTH's 401k's are dominated by just 7 tech stocks , so even if folks have SPY or QQQ their 401k's are seriously exposed to Ai stock Using IBKR; it's easy to buy stocks all over the world. There'd 2-3 other globally large online brokerages you can use that are reputable; I settled on IBKR because of the range of financial instruments I could purchase . About 90% of my stocks are not in my home country and buying a stock in a different country is no different than buying in my home country. I have stocks in Switzerland , Australia, New Zealand, Taiwan Korea , UK and Hong Kong exchanges . The process is identical . Set up an account on the platform, send some $ and then select the exchanges you want to buy stocks from ( takes about 8-12 hours to add a new exchange ) and then just enter the stock code and your bid price I just sold some GLD ( gold) stocks on the NYSE as rather than "paper" gold I want to buy some physical gold ; it took 4 days from the time I sold the stocks for the money to transfer through to my home country bank account . The delay was because I hadn't set up my bank account to send funds back out of my IBKR account to my personal bank account. Once my banking details were set up in IBLR's system it took about 4 hours for the money to hit my account.
RCL I bought in 2020 was one of the best positions in my ROTH. Just gotta swing
ADBE PE at 14 lmao :) ez ROTH pickup
Actually one of the best trades I've ever had. I was the highest sell on the chart. Closed a put that I opened at the the 81,300 double top, went long in my ROTH and immediately flew. Not trying to gloat, just sharing the hype. 🙏 Stay blessed brother https://preview.redd.it/wmde0qbt3boh1.jpeg?width=1437&format=pjpg&auto=webp&s=e5579d1a045623d9485d8f7ade25c4548edfc267
Im right there with you. Bought some in my ROTH around $123 and was dreading market open then.... flat. We stay blessed If you hold BTC MSTR is a nice tool to open puts at double tops. Make plays/hedges against your holdings without moving any BTC
Well number one, insider trading is very hard to prove. Merely having a high percentage of wins is not indicative of anything. I have a 200%+ return on my ROTH but I have done nothing illegal, just picked RKLB at $3 and bought the Google dip in 2024 and held. When you look at Pelosi as well, their account is doing stupid shit like buying Meta calls or Puts. They’re not putting 2 million down on some shit dollar stock and then it gets a fed contract. You too can emulate Paul, in fact there are tons of ETFs that do. Trump is the better case, guy is trading 1000s, yes THOUSANDS of times this year in critical areas and he has direct control over tariff policies. I mean C’mon, that’s at least worthy of investigation and yet, crickets
Jan is the GIGABRAIN IQ play: 1. You catch the Santa Rally AND get the year start Trad/ROTH/401K contributions. 2. The folks who front run "Sell in May, Go away" by selling Mar-April? You're front running them by selling in Jan/Feb.
All non-BTC Crypto is garbage. They’re all either failed/failing startups, or outright scams. S&P500 and Nasdaq barely outpace long term monetary debasement. You took risks that paid off. But you had low level of discipline to understand what you profited. And you had a high level of hopes/dreams for your crypto “investments”. I’ve also been in the space since 2017 and had similar levels of volatility as you. Just not as high as you got. (Swings from $10k to $150k down to $30k etc. etc.) Luckily, I still kept getting market exposure in my 401k and ROTH IRA, but I also now DCA bitcoin for the long term.
Just came into a large rollover 401k from an old job. Should I just drop it all on a growth etf/index like VUG? I already am diversified in the total stock market in my 401k and ROTH IRA. This would just be trying to capture growth opportunities.
There are some out there that just want your money. First I would make sure they are with a reputable company check to see thier total AUM and are they a fiduciary. Ask friends/collegues, parents who they use. You can find companies that take thier fee on a sliding scale based on the portfolio zize Amount Under Management "AUM". Generally the minimum amount is 200-300k and the fee is roughly 1%. If you come in with more money the fee may drop, IE 1,000,000.00 the fee could be .08%, 2.5 million could be .06% and 5 million+ could be .05%. Speak to the advisor, after they have your financial history, identify the value of your investments, ask them what thier financial plan is? Short term, mid term and long term. What they plan to buy, only ETF's, only stocks, a mix, private securities, bonds, Treasuries? How they will structure it, the funds they will use, allocation break down. Ask lots of queations, be inquisitive, and ask how many times per year will you meet to address poetfolio concerns, market changes, market loss etc. Your 401k and 457b should offer advisors and a very discounted price to a traditional financial advisor. If your starting out a fund under 100k-250k this is the way to go, possibly using thier robo advisor. Between 250k and 500k use your funds advisor they may charge 2-3%, but at 1 million dollars + consider a fiduciary. I had a number of accounts, a 401k, 403a, 457b, taxable brokerage account, traditional IRA and ROTH IRA. I personally managed mine through the bulk of my working life, but a few years before retiring got a fidu iary. He is very knowledgable and proactive in managing my various accounts. My portfolio breakdown is below. Domestic equity. 52.20% International. 26.40% Fixed income. 17.49% Emerging markets. 3.82% Real assets. 3.05% Cash. .46% Alternative investments .33% I still evaluate fees paid to the financial company versus the growth in the account during that quarter. We meet quartely and start the year with a general plan and each quarter tweek the plan as needed based upon world and US events, the market, inflation, taxes etc. You have to figure out thier worth and if you think you can do better in the market. If your account made 10-15% what would you be willing to pay. 500k portfolio, making 12% =60,000. Would you pay .08% or 4,000? Hopefully this gives you a little insight to evaluate the value of a good financial professional and how they can grow your wealth.
Most will agree with u/CrabKates too. Get the ROTH filled for the guaranteed bag without the taxes... Unless you believe taxes will be decreasing in the future. The worst case scenario is you might end up needing to work part time a tiny bit longer. Right now in your taxable brokerage you have 130K right? If you put no more in the taxable brokerage, that's about 524k at age 45 (assuming no crash) even if you don't contribute anything else in there. It won't let you fat fire by itself but a modest living would be fine. And then you have the other options u/CrabKates mentioned. Keep in mind the HSA is triple tax advantaged and that if you retire early, health insurance will be expensive. So that is either a major expense or finding a part/full time job offering health coverage. The other thing to be aware of is the "sequence of return risk". If you have not researched, check into that. You will either want to plan a slight cash cushion, or have some dividend stocks that would pay a bit in the event the stock market crashes right when you retire. You would not want to sell stocks during that time so having a cushion where you do not sell low would be nice.
I'm 37 and have been relatively passive on my choices and focus on investing and the future until this year. Realizing that I need to be taking better care of all of the big options I have in front of me. Currently I've got a 401k through work, they match up to 6%, i contribute 6% as well. I participate in the company's ESPP program to get 15% discount on company stock, and as of this year, I started a ROTH IRA. I've got an HSA account through my work insurance but I messed up this year in which insurance selection to go with to where I missed out on the $ that the company could contribute to it, so there's essentially no growth in that account. I am reaching out to see if I could get some insight on how to adjust in the coming future. The general advise that I see from Reddit to others is max out your contributions in everything, but I know with what I currently earn and that I do still want to take times to enjoy life around me, I am not at a spot to be able to just throw all excess funds to everything and max things out. So my question is this - is it better to maintain adding $ to only 401K and Roth, even though neither will be maxed, or should I shift to also add to HSA so I can have enough in there to begin investing there too (the website reads that I need to have minimum $1000 for it to shift to the investment portion)? Not investing in HSA would mean more goes to ROTH.
honetsly MU is worth 2,000 a share anyways so I'm happy adding it to my ROTH for a discount
Custodial ROTH and let her make it more. Whatever can’t go there she gets to spend over the next 3 birthdays.
Shinjaki is a passive boomer investor of 34 years. I’ve taken 4K to 256K in 3 years with not a single contribution in a ROTH IRA. Yeah im sure his account is insane but Ive made returns in 3 years with options and no contributions that took him 15-20. Give me 30 years and I’ll maybe let him wipe my ass every now and then.
As an old fart who started in 1993 who long did it take your port to run up 6200% in 3 years? That’s what I’ve managed with only options. You’ve got 31 years on me but I guarantee I’ve probably already made returns in a ROTH IRA in 3 years that you made in 15. I took 4K to as of right now 258K in 3 years. You couldn’t even dream of doing that in that time span. So yeah as an “old fart” you have me beat but in 30 years you won’t even be able to hold my jock strap.
1st, Only max a 401k to the point that they will match. Next Max a ROTH IRA. Then, if you have the $ and available 401k headroom, max that. Or If you are up to it take that $ and buy a rental property. I want to warn you about RMD's and the brutal tax consequences that they can have. Your 401k will be subject to them. Not only will you pay tax on the Mandatory withdrawals, but they can kick you up one or more tax brackets AND they can cause more taxes on your social security, AND it can drastically raise what you are charged on Medicare in retirement. A Roth won't do that. And when you get closer to retirement, get a plan together to deal with those RMD's years before they start so you can mitigate the taxes as effectively as is possible. You tax strategy is as important as your investment strategy.
My emergency fund is my ROTH unfortunately.
What investment would you make that would make up for the 20% in taxes? I'm betting the taxes are more because you haven't added in the 10% penalty for being under 59 1/2. The only reason I would pay taxes on it would be to roll it over into a ROTH IRA and then you would just be paying the income tax and not the penalty. I think you still have to roll it over into a traditional and then convert it though.