Good Stock Recs for a Roth IRA?

GEVO

MO. 8% dividend and potential to grow in cannibas market.

I recently did the same and I went with ARKK, VYM, T, VWINX, PINS, FSLY, KO, and a few others. Did most of them for the dividends (some just good companies and others were speculative) and so far I've been happy with the returns.

Might want to consider index funds foe the bulk of it. Keep a little in cash so you can play with individual stocks.

I have always taken the position of “I don’t want to eff with my retirement account”. Therefore, my Roth IRA has always been my “safe space”. If you will. I want secure returns with minimal risk. ETFs fit that bill. I won’t get rich overnight, but I won’t lose 50% in a night either unless the whole market tanks with me. I keep 25% VXUS, 25% VTI, then the other 50% in what I would consider to be aggressive ETFs like ARKW,ARKK, LIT and MSOS. This setup has got me some very handsome profits in the last year.

You would not be wrong to go with a diversified dividend portfolio in a Roth IRA. The advantage of the Roth is that it protects your gains from taxes. That makes it perfect for dividends and speculative, wild gainer stocks. The problem is that you (we), in theory, need this as a retirement vehicle. That brings us back to my first statement. Wild speculative stocks could eff with my retirement if they go under of lose 80% this week.

Just my two cents. I’m not rich so take my advice for what it is worth.

IQST

I’m up 972% on a $550 investment from this past Nov.

I used to think this way but COVID changed everything. Very thankful to have decided to pick individual stocks as I am up 300% since March ‘20, way better than the indexes have done. Don’t know when this train will end but enjoying stacking stacks while it lasts.