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Where you putting $6000 in a Traditional IRA before the end of the year?

Posted on 12/16/22 at 8:56 am
Posted by Billy Blanks
Member since Dec 2021
3802 posts
Posted on 12/16/22 at 8:56 am

Current money is in some mutual funds but would like to throw it on a stock I think. More fun anyway.
This post was edited on 12/16/22 at 9:13 am
Posted by I Love Bama
Alabama
Member since Nov 2007
37715 posts
Posted on 12/16/22 at 9:13 am to
quote:

More fun anyway.


My kind of people.
Posted by UpstairsComputer
Prairieville
Member since Jan 2017
1576 posts
Posted on 12/16/22 at 9:15 am to
Cash as an asset class... don't @ me
Posted by el Gaucho
He/They
Member since Dec 2010
52973 posts
Posted on 12/16/22 at 9:17 am to
Buy 6000 worth of bullets instead baw

Those will be harder for the feds to confiscate next year
Posted by ItzMe1972
Member since Dec 2013
9800 posts
Posted on 12/16/22 at 9:23 am to
Apple?
Posted by FLObserver
Jacksonville
Member since Nov 2005
14456 posts
Posted on 12/16/22 at 9:28 am to
SLI - Will make you rich in 50 or so years.
Posted by Aubie Spr96
lolwut?
Member since Dec 2009
41112 posts
Posted on 12/16/22 at 10:16 am to
Treasury bond ladder.
Posted by leeman101
Huntsville, AL
Member since Aug 2020
1502 posts
Posted on 12/16/22 at 10:17 am to
bonds
Posted by Twenty 49
Shreveport
Member since Jun 2014
18768 posts
Posted on 12/16/22 at 10:59 am to
You can make 2022 IRA contributions until April 18, 2023. And you can go $7k if 50 or older.
Posted by Billzbobo
Swamp
Member since Jul 2022
347 posts
Posted on 12/16/22 at 12:12 pm to
Buy HKR & BLW...
Stands for Hookers and Blow.
Posted by TeaParty
Member since May 2022
935 posts
Posted on 12/16/22 at 12:42 pm to
I-Bonds or PSQ/SPDN
Posted by LSUAngelHere1
Watson
Member since Jan 2018
8146 posts
Posted on 12/16/22 at 12:47 pm to
TSLA
Posted by rocksteady
Member since Sep 2013
1280 posts
Posted on 12/16/22 at 6:45 pm to
All of mine is in funds as well but I stuck my 6k in Intel this year cause I was feeling frisky as well. Tech + 5% dividend.. if they can’t fix their shite in the next ~25 years then future me will call present me a turd head.
Posted by Turf Taint
New Orleans
Member since Jun 2021
6010 posts
Posted on 12/16/22 at 7:20 pm to
Make a financial plan might be better advice than where to put $6k today.

As this is a retirement account,
my retirement part of financial plan has a timeline, risk appetite, and a specific role (this IRA) has in funding our retirement.

If me, for all above reasons, this is going in VASGX. Index/low cost fund that matches retirement timeline, risk appetite and tax strategy of retirement plan (eg, IRA May be pulled upon sooner than Roth once retired).

My 2 cents, hopefully pun. Good luck!
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