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so theoretically would it be possible to sell everything in my roth ira and let it sit there in a money market for the foreseeable future until the dust settles, and then reinvest? or are there tax implications i'm not aware of?
Quote from: 'taterblast on May 06, 2022, 11:50:08 AMso theoretically would it be possible to sell everything in my roth ira and let it sit there in a money market for the foreseeable future until the dust settles, and then reinvest? or are there tax implications i'm not aware of?Yes, and please let us all know when the dust settles so we can get super rich along with you.
obviously it would be impossible to get the timing perfect but it seems like everything is going to suck crap for a while so
Quote from: Stupid Fitz on May 06, 2022, 12:07:52 PMQuote from: 'taterblast on May 06, 2022, 11:50:08 AMso theoretically would it be possible to sell everything in my roth ira and let it sit there in a money market for the foreseeable future until the dust settles, and then reinvest? or are there tax implications i'm not aware of?Yes, and please let us all know when the dust settles so we can get super rich along with you.lmao. Exactly. Also, I would like to add 'taterblast to my professional network on LinkedIn. I need someone to tell me when exactly to time the market.
Quote from: Spracne on May 06, 2022, 12:20:20 PMQuote from: Stupid Fitz on May 06, 2022, 12:07:52 PMQuote from: 'taterblast on May 06, 2022, 11:50:08 AMso theoretically would it be possible to sell everything in my roth ira and let it sit there in a money market for the foreseeable future until the dust settles, and then reinvest? or are there tax implications i'm not aware of?Yes, and please let us all know when the dust settles so we can get super rich along with you.lmao. Exactly. Also, I would like to add 'taterblast to my professional network on LinkedIn. I need someone to tell me when exactly to time the market.Well, KatKid already did it once (spring 2020)
obviously it would be impossible to get the timing perfect but it seems like everything is going to suck crap for a while so but yeah not going to do it
I-bonds at 9.6%
still up, ytd.
By definition of the word we are already in it bub