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Making an 8,600 dollar Roth IRA contribution Friday.

Posted on 12/31/25 at 6:34 am
Posted by PSS101
Member since Jun 2024
1178 posts
Posted on 12/31/25 at 6:34 am
Any good ideas where to park that $$
Posted by Bestbank Tiger
Premium Member
Member since Jan 2005
79412 posts
Posted on 12/31/25 at 6:38 am to
SPX/SPY is always safe.
Posted by PSS101
Member since Jun 2024
1178 posts
Posted on 12/31/25 at 6:54 am to
good looking chart
Posted by MikelArteta
Your mother's
Member since Apr 2024
78 posts
Posted on 12/31/25 at 7:16 am to
Forget the Roth - move to Minnesota and start a day care.
Posted by jefforize
Member since Feb 2008
45729 posts
Posted on 12/31/25 at 8:16 am to
Look into VOO and VTI
Posted by FieldEngineer
Member since Jan 2015
2612 posts
Posted on 12/31/25 at 8:56 am to
Is 8,600 the new limit or is that a catch up contribution?
Posted by horsesandbulls
Destin, FL
Member since Jun 2008
5152 posts
Posted on 12/31/25 at 9:04 am to
7500 is new limit. Then 1,100 for the catch up contribution
Posted by Tiger4life306
Member since Apr 2016
661 posts
Posted on 12/31/25 at 9:15 am to
Do yourself a favor and compare SPYM, VOO and SPY
Posted by UltimaParadox
North Carolina
Member since Nov 2008
51599 posts
Posted on 12/31/25 at 9:21 am to
quote:

Do yourself a favor and compare SPYM, VOO and SPY


SPYM I think now has the lowest expense ratio in the business besides Fidelity (FNILX (0.00)) which can only be bought by Fidelity customers.

Unlike SPY (0.09) though SPYM (0.02) and VOO (0.03) are only 1 basis point difference.


Posted by Tiger4life306
Member since Apr 2016
661 posts
Posted on 12/31/25 at 9:30 am to
Right.
And SPYM is much less price per share vs. VOO/SPY. Which is favorable imo.

If you DCA money into an account you can buy shares much quicker with SPYM vs. VOO/SPY
Posted by PSS101
Member since Jun 2024
1178 posts
Posted on 12/31/25 at 9:49 am to
quote:

Is 8,600 the new limit


8,600 for over 50
Posted by PSS101
Member since Jun 2024
1178 posts
Posted on 12/31/25 at 9:59 am to
I think I'm doing SPYM. Thanks yall
Posted by Rize
Spring Texas
Member since Sep 2011
18788 posts
Posted on 12/31/25 at 12:07 pm to
In. Making my $7500 Friday.

Man since I switched to $700 a month into money market it’s way better than doing it all at once out of my checking .
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