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Maxing out Roth for 2013

Posted on 4/12/14 at 9:06 pm
Posted by Boudin
Lafayette
Member since Oct 2006
10133 posts
Posted on 4/12/14 at 9:06 pm
Have until Tuesday. Tell me what I'm buying on Monday

Eta: maxed out 2012.. only contributed like $1500 for 2013, so far. I have $4000 to spread however

Eta: not sure if I should go fund or stocks.. I'm also just 28, so I'm fairly comfortable with something a little more aggressive

This post was edited on 4/12/14 at 9:17 pm
Posted by Teddy Ruxpin
Member since Oct 2006
39584 posts
Posted on 4/12/14 at 9:17 pm to
You know you don't have to buy anything beyond a money market on Monday right?
Posted by Boudin
Lafayette
Member since Oct 2006
10133 posts
Posted on 4/12/14 at 9:20 pm to
But I want to max it out for the year, the 15th is not the last day I can do that?
Posted by TigeRoots
Member since Oct 2008
8505 posts
Posted on 4/12/14 at 9:25 pm to
Yes but you can put it in and just leave it in there as cash (Money Market). You don't have to invest it immediately.
Posted by Boudin
Lafayette
Member since Oct 2006
10133 posts
Posted on 4/12/14 at 9:27 pm to
Gotcha.. Now your recommendation?
Posted by TigeRoots
Member since Oct 2008
8505 posts
Posted on 4/12/14 at 9:34 pm to
I'm in a similar situation that you, as I just maxed mine for 2013 out last week. That said, I want to see how things shake out next week, before I invest the funds. I have my eyes on either adding to my F position or starting a MSFT position. I like relatively low risk in my ROTH, but do prefer stocks to ETFs or Mutuals. I have my individual account for riskier plays.
This post was edited on 4/12/14 at 9:42 pm
Posted by Boudin
Lafayette
Member since Oct 2006
10133 posts
Posted on 4/13/14 at 12:31 am to
quote:

I have my individual account for riskier plays.


Likewise. I'm considering F, TM, T, GE, GIS, GOOG, CSCO, and IEP
Posted by Feed Me Popeyes
Baltimore, MD
Member since Apr 2008
2104 posts
Posted on 4/13/14 at 12:37 am to
IBB

Posted by Boudin
Lafayette
Member since Oct 2006
10133 posts
Posted on 4/13/14 at 1:14 am to
I've never bought an ETF.. Why IBB? Because it's down?
Posted by TigeRoots
Member since Oct 2008
8505 posts
Posted on 4/13/14 at 8:52 am to
quote:

I've never bought an ETF.. Why IBB? Because it's down?


The only ones I own are SPY (basically mimmicks the S&P 500) and PJP (I bought it because there were a handful of Pharm stocks that I was watching and I couldn't decide which one(s) I wanted to buy).
Posted by Boudin
Lafayette
Member since Oct 2006
10133 posts
Posted on 4/13/14 at 7:32 pm to
Bump for anymore suggestions?!
Posted by seawolf06
NH
Member since Oct 2007
8159 posts
Posted on 4/14/14 at 5:20 am to
FOCPX
IVV
PRHSX
Posted by The realpurpangold
Member since Jun 2007
1287 posts
Posted on 4/14/14 at 9:48 am to
I used to have ETF, QQQ (Powershares) and shite do I wish I had kept it. Got out of it a little over 1 year or so ago at around $60 something and now it's in the $80s. Anyway whoever manages that fund I'd recommend I think they have a couple of different options that are similar. That said I'm still a novice when it comes to ETFs so that's just been my experience.
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