UnThreaded | Threaded | Whole Thread (3) | Ignore Thread Prev | Next
Author: gdhorowitz One star, 50 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 74759  
Subject: FF or QQQ? Roth IRA or not? Date: 1/10/2000 11:50 PM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 0
OK, I know this is one of those questions that I ultimately have to answer for myself, but I'd appreciate if anyone can suggest arguments for or against this strategy, and help me make my decision.

I'm 26 and have been contributing to my Roth IRA for the last two years. I've finally Fool-ified my portfolio, and have that $4K in E-Trade, where I'm all set to invest in the Foolish Four.

The thing is, now that it's already 2000, I can contribute another $2K (and I have it available).I'm reasonably certain that I should in fact put the money into the Roth (I have an additional $5K in an S&P index fund and around $10K in other assorted stocks).

My question is, if I do that, should I put all $6K into the Foolish Four? If I'm going to do that, I obviously should wait until the new contribution clears, so I can reduce my commission as a percentage of the total.

But while I know that while a Roth is the perfect vehicle for FF, I'm also wondering if I should "diversify" within the Roth, and perhaps put the last $2K into, say, a NASDAQ index fund.

Comments? Like I said, I'm just looking for advice on what factors I should consider.

Thanks in advance
gdh
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (3) | Ignore Thread Prev | Next

Announcements

The Retire Early Home Page
Discussion on accelerating retirement day.
2013 Feste Award Voting Begins!
Who will win the 2013 Feste Award? Vote now for the Fool that most exemplifies the Fool Community mission of Learning Together!
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Post of the Day:
Tax Strategies

TMFPMarti-Feeling Good
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement