Tuesday, May 29, 2018

What sort of strategy do you employ with your Roth IRA?

I currently have both an individual brokerage and a Roth IRA with E*Trade. I've currently got about 15% of my invested funds in my IRA with the remaining majority in my brokerage. While I have a good number of growth names in my individual brokerage, I've been parking high dividend stocks (UNIT, QTS, TRTN, and JPM at the moment) in the IRA and DRIPing them. I'm 23, so my thinking is that several decades of compounding, tax-free dividends will be extremely powerful.

I'm curious if this is a fairly common strategy or if anyone here employs anything wildly different to take advantage of the tax benefits of a Roth IRA. Thoughts?



Submitted May 29, 2018 at 11:01AM by ConsiderTheBulldog https://ift.tt/2H1p8jf

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