{ "media_type": "text", "post_content": "At what point / money pool are you trading options? Is it after you’ve maxed 401k/Roth and options trading is the extra savings going to brokerage account? Or have you not maxed and going straight to brokerage?", "post_id": "5ee2fff14595e5002bd4f86d", "reply_count": 6, "vote_count": 1, "bowl_id": "5acc42208c6b52001375e11e", "bowl_name": "Option Traders & Investing" }

At what point / money pool are you trading options? Is it after you’ve maxed 401k/Roth and options trading is the extra savings going to brokerage account? Or have you not maxed and going straight to brokerage?

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I stopped my 401k contributions this week. Temporary hold. I’m forfeiting a very small portion of my employer contribution due to this but it’s because I fully expect the market decline to make me lose that and more anyway. I intend to double/triple my contribution rate on a dip lower to make up what I’m foregoing in the short term.

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Yep

I see 401K as a long game and don’t touch the contribution levels regardless of economy. On the other hand IRA sees a lot of options activity due to tax benefits. So max it out early.

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I have maxed out 401k and Roth. Took many years to get to this point. All extra money goes to brokerage accounts that I have a mix of long holdings and options. I also do covered calls in my Roth.

(2 years into career - $63k) My point in asking is that with my budget I’ve only contributed to meet pwc match for 401k and have the Roth maxed out all going to S&P. I feel like I don’t have the extra capital to trade options yet. My plan was to continue to contribute higher % to 401k as my salary increases until that’s eventually maxed. Then, the rest going to my brokerage and getting creative. That plan now seems like it’ll take too much time and I’m missing out on getting that trading experience. Just trying to gauge differing mindsets on this.

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