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What are you adding to your Roth in 2019

Posted on 12/13/18 at 2:50 pm
Posted by FunroePete
The Big Cheezy
Member since Dec 2012
1531 posts
Posted on 12/13/18 at 2:50 pm
How are you allocating your 2019 Roth contribution?
You can now contribute $6000 instead of $5500

I'm still determining mine but I'm potentially looking at Disney, Constellation Brands, Next Era and Home Depot

This post was edited on 12/13/18 at 2:52 pm
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 12/13/18 at 2:53 pm to
VTSAX
Posted by TigerMan327
Elsewhere
Member since Feb 2011
5168 posts
Posted on 12/13/18 at 3:02 pm to
If I wanna contribute to a 2018 Roth IRA do I need to do it before the new year or do I have until next April?
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
25455 posts
Posted on 12/13/18 at 3:04 pm to
quote:

If I wanna contribute to a 2018 Roth IRA do I need to do it before the new year or do I have until next April?


April
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 12/13/18 at 3:04 pm to
Before April 15 2019
Posted by TigerMan327
Elsewhere
Member since Feb 2011
5168 posts
Posted on 12/13/18 at 3:05 pm to
Whether or not I can contribute normally (opposed to backdoor) will be based upon my taxable income for the year 2018 though. correct?
Posted by bayoubengals88
LA
Member since Sep 2007
18946 posts
Posted on 12/13/18 at 3:37 pm to
I followed through on my New Years resolution last year of contributing $250/month but that didn’t start until summer.

This year I’d like to get to 300-350/month.

I’m really interested in BX (Blackstone), and I love STZ (Constellation) at these levels as well!
GIS is awfully tempting too below $40.

Other than that, maybe add to my CIM position.
Good thread!
Posted by lsujro
north of the wall
Member since Jul 2007
3921 posts
Posted on 12/13/18 at 4:08 pm to
quote:

Whether or not I can contribute normally (opposed to backdoor) will be based upon my taxable income for the year 2018 though. correct?


correct
Posted by readysetgeaux
Member since Jun 2012
203 posts
Posted on 12/13/18 at 4:32 pm to
VHT
VGT
VCR
VUG
Posted by TigerintheNO
New Orleans
Member since Jan 2004
41208 posts
Posted on 12/13/18 at 6:47 pm to
I'm looking at EPD
Posted by HailToTheChiz
Back in Auburn
Member since Aug 2010
48990 posts
Posted on 12/13/18 at 8:14 pm to
Stupid question, but if I got a Target date fund.... Do I need to add anything? Should I exchange/sell the target date for other funds?
Posted by kciDAtaE
Member since Apr 2017
15769 posts
Posted on 12/13/18 at 8:59 pm to
If you exceed the income to contribute to a Roth, can you put money in all year and hopefully reap the earnings, then withdraw all your contributions prior to tax day without penalty?

Therefore take advantage of the no taxable earnings?
Posted by Serraneaux
South of 30a
Member since Mar 2014
19695 posts
Posted on 12/13/18 at 9:15 pm to
Don’t poors do Roth’s?

Backdoor Roths are good though
Posted by Teddy Ruxpin
Member since Oct 2006
39584 posts
Posted on 12/13/18 at 9:57 pm to
If it's even debatable do the backdoor.

There's also a ROTH phase out zone before you're entirely precluded so save yourself the hassle.
Posted by bayoubengals88
LA
Member since Sep 2007
18946 posts
Posted on 12/14/18 at 10:22 am to
What's going on with JNJ and COST today?!
Posted by Joshjrn
Baton Rouge
Member since Dec 2008
27081 posts
Posted on 12/14/18 at 10:40 am to
Why on earth would I change my investment allocation simply because the maximum went up?

70% VTSAX
30% VWIGX

The only thing that will be different is that Vanguard will auto draw about $115 every week instead of about $106.
Posted by TigeRoots
Member since Oct 2008
8505 posts
Posted on 12/16/18 at 4:54 am to
SPY
Posted by makersmark1
earth
Member since Oct 2011
15896 posts
Posted on 12/16/18 at 8:56 am to
There are income limits.

Did they go up too?
Posted by Drew Orleans
Member since Mar 2010
21577 posts
Posted on 12/16/18 at 10:22 am to
And young investors that are in a lower tax bracket than they will be in the future.

But solid burn I guess...
Posted by Jp1LSU
Fiji
Member since Oct 2005
2542 posts
Posted on 12/17/18 at 12:51 pm to
CONE
LTC
D
MSFT
ET
Adding positions. The first two are REIT’s and LTC has a monthly dividend.
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