After tax account for what you want in the market.
Dividends and long-term capital gains still taxed at lower rates.
Thread Replies (46)
So you've maxed out your 401k and aren't eligible for IRA deductions.
-- ElbertoHokie
Aug 15, 2022 at 09:07 AM ET
ElbertoHokie
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08/15/22 09:07 AM ET
Hide money/investments offshore…..😏
-- RJHokie
Aug 15, 2022 at 01:51 PM ET
RJHokie
•
08/15/22 01:51 PM ET
Are you eligible for an HSA? There are fairly low contribution limits
-- Tafkam Hokie
Aug 15, 2022 at 01:48 PM ET
Tafkam Hokie
•
08/15/22 01:48 PM ET
This and Roth are the correct answers. **
-- Tank
Aug 15, 2022 at 02:48 PM ET
Tank
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08/15/22 02:48 PM ET
Blue horseshoe loves Anacott Steel**
-- MAHokie69
Aug 15, 2022 at 01:22 PM ET
MAHokie69
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08/15/22 01:22 PM ET
Out of curiosity, when you say "maxed out your 401k" do you mean
-- Tafkam Hokie
Aug 15, 2022 at 01:01 PM ET
Tafkam Hokie
•
08/15/22 01:01 PM ET
I've hit the $20,500 already. **
-- ElbertoHokie
Aug 15, 2022 at 01:07 PM ET
ElbertoHokie
•
08/15/22 01:07 PM ET
Then, yeah, the only other options are a Roth IRA
-- Tafkam Hokie
Aug 15, 2022 at 01:51 PM ET
Tafkam Hokie
•
08/15/22 01:51 PM ET
I checked all my holes and none of them loop.**
-- ElbertoHokie
Aug 15, 2022 at 08:55 PM ET
ElbertoHokie
•
08/15/22 08:55 PM ET
frozen concentrated orange juice futures**
-- Hokie Chris
Aug 15, 2022 at 12:53 PM ET
Hokie Chris
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08/15/22 12:53 PM ET
529 plans for the kids/grandkids/nephews/etc**
-- psychobilly
Aug 15, 2022 at 12:46 PM ET
psychobilly
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08/15/22 12:46 PM ET
Definitely have one for the kid. Can probably up the contribution. **
-- ElbertoHokie
Aug 15, 2022 at 01:22 PM ET
ElbertoHokie
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08/15/22 01:22 PM ET
Roth, followed by tax free muni bonds**
-- HokieJay
Aug 15, 2022 at 11:29 AM ET
HokieJay
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08/15/22 11:29 AM ET
Buy all of the hot holiday toy now, sell in November=profit**
-- Kudelski
Aug 15, 2022 at 10:51 AM ET
Kudelski
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08/15/22 10:51 AM ET
It's surprising how big a business retail arbitrage is**
-- HokieDan95
Aug 15, 2022 at 11:02 AM ET
HokieDan95
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08/15/22 11:02 AM ET
Yep. Buy "NASA" and Nirvana T-shirts at Goodwill and proceed to EBay.**
-- dolph
Aug 15, 2022 at 11:18 AM ET
dolph
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08/15/22 11:18 AM ET
Powerball. Don't be an idiot and invest in Mega Millions the odds are lower**
-- HokieDan95
Aug 15, 2022 at 10:37 AM ET
HokieDan95
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08/15/22 10:37 AM ET
Look at I Series Treasury Bonds...currently paying 8%+ APR
-- BleedinOandM
Aug 15, 2022 at 10:27 AM ET
BleedinOandM
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08/15/22 10:27 AM ET
Like 10k limit? Hold >5yrs to maturity? **
-- ColoVT82
Aug 15, 2022 at 11:18 AM ET
ColoVT82
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08/15/22 11:18 AM ET
Correct; and they aren't for everybody. Make your own decision.**
-- BleedinOandM
Aug 16, 2022 at 06:39 AM ET
BleedinOandM
•
08/16/22 06:39 AM ET
Minimum hold time is 1 year
-- Tafkam Hokie
Aug 15, 2022 at 01:04 PM ET
Tafkam Hokie
•
08/15/22 01:04 PM ET
You can still invest in a traditional IRA but you can't deduct those ...
-- vt90
Aug 15, 2022 at 10:24 AM ET
vt90
•
08/15/22 10:24 AM ET
And back door them into a Roth if you don't have other IRAs.**
-- Hokiehouse7
Aug 15, 2022 at 11:11 AM ET
Hokiehouse7
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08/15/22 11:11 AM ET
HSA if you meet the criteria**
-- coshokie
Aug 15, 2022 at 10:23 AM ET
coshokie
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08/15/22 10:23 AM ET
The IRON CROSS on the Craps table**
-- darnellm
Aug 15, 2022 at 10:20 AM ET
darnellm
•
08/15/22 10:20 AM ET
May as well bet on Double Zero green.
-- Hokie CPA
Aug 15, 2022 at 12:22 PM ET
Hokie CPA
•
08/15/22 12:22 PM ET
After tax account for what you want in the market.
◄
-- vawter85
Aug 15, 2022 at 09:59 AM ET
vawter85
•
08/15/22 09:59 AM ET
Assuming this is long-term investing, I'd also try to focus on
-- Tafkam Hokie
Aug 15, 2022 at 10:05 AM ET
Tafkam Hokie
•
08/15/22 10:05 AM ET
Have you tried the mega-backdoor?
-- Fatman
Aug 15, 2022 at 09:42 AM ET
Fatman
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08/15/22 09:42 AM ET
Edge gave the best advice. Invest with after-tax dollars.
-- RoswellGAHokie
Aug 15, 2022 at 09:41 AM ET
RoswellGAHokie
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08/15/22 09:41 AM ET
You could send some dough my way. I'll look after it for you. There are
-- Hurley09
Aug 15, 2022 at 09:38 AM ET
Hurley09
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08/15/22 09:38 AM ET
The old fashioned way. You yearn it!**
-- TomTurkey
Aug 15, 2022 at 02:20 PM ET
TomTurkey
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08/15/22 02:20 PM ET
Step 1: Buy a townhouse in Blacksburg, rent it out 7 weekends a year.
-- hoosnowahokie
Aug 15, 2022 at 09:24 AM ET
hoosnowahokie
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08/15/22 09:24 AM ET
A nice theory, except even a townhouse in Blacksburg is at least
-- Tafkam Hokie
Aug 15, 2022 at 12:09 PM ET
Tafkam Hokie
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08/15/22 12:09 PM ET
Thought about not selling our house in Tuscaloosa. Our 3 bedroom house was
-- ElbertoHokie
Aug 15, 2022 at 10:07 AM ET
ElbertoHokie
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08/15/22 10:07 AM ET
I think the key is to continue investing, whether it be tax free or not
-- EDGEMAN
Aug 15, 2022 at 09:21 AM ET
EDGEMAN
•
08/15/22 09:21 AM ET
Hookers and bitcoin?**
-- FfxStationHokie
Aug 15, 2022 at 09:20 AM ET
FfxStationHokie
•
08/15/22 09:20 AM ET
First I formed a hedge fund so Congress would ensure I only pay 20% taxes
-- dolph
Aug 15, 2022 at 09:17 AM ET
dolph
•
08/15/22 09:17 AM ET