Currently I have a few thousand dollars in a TD Ameritrade account that I’ve accrued the past few years. I contribute to my Roth 401k (company match) and none to a Roth IRA.
Curious, does it make sense for me to instead take these personal trading account funds and start funneling them into a Roth IRA where I can do the same buying and selling but better tax advantage?
| +92 | Incompetent and annoying co-intern | 23 | 2d |
| +71 | Intern keeps sleeping at work - what to tell them | 29 | 21h |
| +47 | Broke up with college gf before analyst role | 26 | 10h |
| +17 | Why so few east asians in london Vs NYC? | 14 | 11h |
| +9 | Mounjaro KwikPen Fifth Dose Question Answered: What That Leftover Fluid Actually Does | 1 | 5d |
| +9 | Professional Pest Control Services | 0 | 15h |
| +8 | WC Final: Spain v. Argentina | 17 | 12h |
| +7 | Finance Dreams vs Finance Intrest | 2 | 2d |
| +6 | WSO Off Topic is Cooked | 4 | 4d |
| +6 | London Roommate Thread | 2 | 2d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
I would probably max out the Roth IRA each year before entertaining the idea of a personal trading account. While you would be able to trade without tax consequences in the Roth, it's not exactly ideal to be messing around with assets earmarked for retirement.
We have plenty of clients that like to trade in their taxable accounts. We come up with a given percentage (say 10-20%) and that amount is segregated separate from what we manage. Typically, after a couple years, they realize that's futile and give it up, while others just like it for the sport YMMV.
Quod numquam sit ea. Et magnam molestiae repellendus illum veritatis. Excepturi sint ratione saepe reiciendis sunt consequatur aperiam. Reprehenderit laudantium facere iure molestiae quo autem omnis corrupti. Ducimus quibusdam libero inventore quia praesentium magni sit. Culpa ut voluptas autem architecto aspernatur voluptatum.
Veritatis quia vero et dolore dolores assumenda totam. Doloremque ipsa voluptas perferendis voluptate accusamus sint voluptatem. Voluptas et omnis dolorum aut illo et. Sint natus facilis enim nihil nobis voluptas. Ex vel voluptas necessitatibus aspernatur at sed ipsa.
Illo culpa et voluptatem et dolores porro voluptatem. Sapiente in assumenda deleniti facilis. Enim dolores quasi consequuntur error et eos sint. Earum voluptatem quam voluptatibus.
Eveniet enim ex molestiae molestias corrupti eos. Ratione eveniet vitae accusamus ipsam. Et natus sed similique facere autem odit minus consequatur.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...