WoV stock portfolio

Quote: billryan

Folks need to realize there is a massive difference between having a million dollars saved for retirement and having a million dollars saved in an IRA.

that is correct if the account is a traditional Ira, but it is not correct if it is a Roth Ira

in fact, in a Roth Ira the tax treatment for withdrawals is quite a bit better than for a non Ira account (no capital gains taxes and no dividend taxes)

a non IRA account that has been accumulating for 30 years or so with no withdrawals is very likely to generate significant capital gains tax obligations

there are also no capital gains tax obligations and no dividend taxes in a traditional Ira account


Roth IRA

Tax treatment: Contributions are made with after-tax money, meaning there is no upfront tax deduction.
Withdrawals: Qualified withdrawals in retirement are tax-free.
Mandatory withdrawals: There are no RMDs during the original owner's lifetime.
Early withdrawals: Contributions can be withdrawn penalty- and tax-free at any time.

Tax-Free Growth: All investment earnings, including dividends, interest, and capital gains, grow tax-free within the Roth IRA account. This allows your investments to compound more effectively over time without annual "tax drag".
Qualified Withdrawals are Tax-Free: When you withdraw funds in retirement, both your original contributions and all accumulated earnings (including dividends) are 100% free from federal income tax and penalties, provided two conditions are met:
You are at least 59½ years old.
The account has been open for at least five years (the 5-year rule, which starts on January 1 of the tax year of your first contribution to any Roth IRA).

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67-year-old retirees are not eligible for a ROTH IRA unless they are still working. As far as I know, it's only suitable for earned income, not passive income. I'd love to be wrong, and hopefully they change the rules.

Interesting day. Market overall up a lot. But NVDA down a lot! This shows the strength of the overall market.

I had a bond mature today, so had some cash to either invest or put in the money market account. I bought MP. Because it is my granddaughter’s initials. Night more RGTI on its big dip today, so I’m happy with my total dollar investment there.

I do have some more of that bond money to put into stocks if someone has a suggestion!

Quote: SOOPOO

I do have some more of that bond money to put into stocks if someone has a suggestion!

these are not my picks but came up when I searched "stocks that are a strong buy"
these 3 went up a lot today
I'm sure you will research them - I haven't -

"Stocks with Strong Analyst Consensus (WallStreetZen)

Wall Street analysts have given "strong buy" consensus ratings to several companies, with significant projected upside potential:

Celsius Holdings (CELH): A beverage company with a price target suggesting a potential 79% upside.

Corcept Therapeutics (CORT): A biopharmaceutical company with a price target suggesting a potential 74% upside.

Hesai Group (HSAI): An autonomous driving tech company with a price target suggesting a potential 73% upside."

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For Roths and regular IRAs, they say what is best will depend on your tax bracket when you retire.

I know someone who faithfully invested in regular IRA as soon as you were allowed to do that, sometime in late 70s I think. He was never a 6 figure earner, retiring at 70 or so, not earning 6 figures then either. He says this is his first year to have an RMD and has to take out $50,000. I think he should have gone Roth, as much as possible, as he wasn't in a big tax bracket when earning. Of course I'm not sure about all that, maybe it works out about the same, but for sure he has a big tax bite. Personally, I like to combine Roth withdrawals with regular withdrawals to lower taxes

according to the RMD calculator, he has around $1,300,000 in that account. I'm not sure he realized he was telling me that as that's not like him. He even always avoided telling me his age exactly, now I know he turned 73 in 2025

Quote: odiousgambit

Personally, I like to combine Roth withdrawals with regular withdrawals to lower taxes

good for you
you're operating in a tax efficient way
better than me
I've made quite a few mistakes
most of them I rectified fairly quickly as I got older and wiser
but not the Ira thing - mine is a traditional Ira - I could have done much better with a Roth
I beat myself up about that quite often

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I'm sure it cost me a few dollars along the way, but I wanted to be sure the money was taxed while I had significant deductions and credits.
There is so much untaxed revenue in these tax-deferred accounts that I suspect the government will go after them in the near future.
The U.S. has roughly $45 trillion in tax-deferred accounts while facing a nearly $40 trillion deficit. Deferring much-needed revenue in a debt crisis may fall out of favor in DC.