Personal Investment Chatter

Hi! I’m 30, own a home, 50k in 401k & 25k in Roth, no other savings. Roth has a ROR of 2%. Should I leave $ in Roth? Reinvest in a diff acct? Grow it until I can buy an investment property?

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I’d suggest leaving the $25k in the Roth IRA and definitely reinvest it. If you don’t mind me asking, what are you current holdings? 2% return is paltry in this economy. If you’ve been maxing it out, it’s only like 4-5 years old. Over that timeline, the S&P has increased 60%. Also if the account is not 5yrs old, you will get hit with tax penalties for withdrawals.

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Yea... you only read 1/2 the story here

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I put my 401k rollover from a previous company into a Roth and never did anything with it, it’s all short term reserves. So just leave the money and allocate to stocks and bonds? (90/10)

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Huh? 10 yoe and only c? It all adds up.

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2% ROR in this market is criminal. Is it sitting in a money market? The S&P returned 30% last year. Find a financial planner, although their asset management fees can be high you are losing way more by not being invested in the right funds.

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