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02-06-2021, 08:50 AM | #7081 |
Cheat Death
Join Date: Nov 2007
Location: Land of Drincoln
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For those trading within your IRAs. I trade in mine as well but after the contribution limit I use Webull.
If I don't necessarily need the liquidity, should I be opening more IRAs to max out and trade in? Is that even allowed? Or am I missing the point entirely of trading within IRAs? |
Posts: 35,093
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02-06-2021, 08:53 AM | #7082 | |
Veteran
Join Date: Dec 2018
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Posts: 1,075
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02-06-2021, 08:58 AM | #7083 | |
Cheat Death
Join Date: Nov 2007
Location: Land of Drincoln
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Posts: 35,093
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02-06-2021, 09:01 AM | #7084 | |
Veteran
Join Date: Dec 2018
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Quote:
So there is always a magic combination you can use once RMDs kick in to limit, to the extent possible, total taxable income during retirement. That’s why having that brokerage account is critical. Disclaimer: I am not a financial advisor, however I am a CPA so I do know a little bit bout taxes. |
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Posts: 1,075
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02-06-2021, 09:05 AM | #7085 | |
Cheat Death
Join Date: Nov 2007
Location: Land of Drincoln
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Posts: 35,093
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02-06-2021, 09:57 AM | #7086 | |
TACO SALAD
Join Date: Apr 2008
Location: yes
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Quote:
Other than the low contribution limits it's the best retirement plan we get. It's for health care expenses but that ends at 65 and you can use it for whatever. Though you probably have quite a bit of health expenses by that age |
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Posts: 6,249
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02-06-2021, 10:12 AM | #7087 | |
Cheat Death
Join Date: Nov 2007
Location: Land of Drincoln
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Posts: 35,093
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02-06-2021, 04:35 PM | #7088 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
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Posts: 46,070
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02-06-2021, 05:32 PM | #7089 |
Indian Twitter
Join Date: Nov 2000
Location: Free Agency
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Most of those stocks I got through a subscription service so I'll take credit for buying when I did but that's all. The three laggards didn't come from that subscription nor NVDA.
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Posts: 15,359
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02-08-2021, 09:55 AM | #7090 |
Prestige Worldwide
Join Date: Jan 2009
Location: Spring Hill, KS
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What's hot this week?
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Posts: 18,455
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02-08-2021, 01:00 PM | #7091 |
Fish are scared of me
Join Date: Nov 2001
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Posts: 40,779
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02-08-2021, 01:10 PM | #7092 |
2 Legit 2 Colquitt
Join Date: Sep 2010
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I just picked up some PTE and NIO today.
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Posts: 4,752
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02-08-2021, 01:18 PM | #7093 |
Cheat Death
Join Date: Nov 2007
Location: Land of Drincoln
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Threw the $$$ I had budgeted for Super Bowl gear at OGI this morning
Fairly happy all things considered |
Posts: 35,093
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02-08-2021, 01:20 PM | #7094 |
Banned
Join Date: Jan 2013
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Posts: 53,803
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02-08-2021, 02:12 PM | #7095 | |
In Search of a Life
Join Date: Jan 2010
Location: L.A.
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Quote:
However they're so big they can basically buy off the govt to stifle competition in any area they want. Or in some cases like they have already hybrid-fused with the govt. Which is why their stock may be a good buy long term I dunno. |
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Posts: 27,497
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