Skip to main content
No. of Recommendations: 0
I plan to manage three on line accounts: a Roth for me, a Roth for my wife, and a joint margin brokerage account. After the 1st of the year, we will have enough to fully fund both Roths (4k each to cover 1998 and 1999; we can do that, right?). I plan to use a FF variant for both these accounts reallocated annually. As for the non-IRA account, we have about 24k coming from the surrender of a life insurance contract(boy, am I glad I came across the MF when I did!). I plan to use the UG5 strategy, trading quarterly to reduce trading costs. In addition, we are saving a minimum of $550 a month. I plan to put that into our UG5 portfolio when we make our quarterly UG5 trades. At some point, probably after Jan 1, 2000, we will move funds into the Roths from the UG5 port to keep those babies fully funded and do this annually when we reallocate the Roth FF stocks. Am I over complicating our situation, or does this sound reasonable? My only real concern is the regular saving portion. Is it worth it to put it into the UG5 port only to move a portion of it (4k) into the FF Roths within the same year? Any and all comments are greatly appreciated. By the way, what happened to the impending global economic meltdown I was hearing about almost daily on the news there for awhile?
Print the post  


The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
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.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! 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.