{"id":3074,"date":"2021-02-12T14:31:28","date_gmt":"2021-02-12T18:31:28","guid":{"rendered":"https:\/\/rockonthemoney.com\/?post_type=podcast&p=3074"},"modified":"2021-02-12T14:31:29","modified_gmt":"2021-02-12T18:31:29","slug":"ep111-tax-implications-of-buying-and-selling-stocks-within-a-roth-ira-the-correct-order-of-investing-are-you-guilty-with-the-cost-of-clutter","status":"publish","type":"podcast","link":"https:\/\/netcast.one\/rotm2\/podcast\/ep111-tax-implications-of-buying-and-selling-stocks-within-a-roth-ira-the-correct-order-of-investing-are-you-guilty-with-the-cost-of-clutter\/","title":{"rendered":"EP111 – Tax implications of buying and selling stocks within a Roth IRA; The correct order of investing; Are you guilty with the cost of clutter?"},"content":{"rendered":"\n

We have a great lineup of your social media questions. We have received so many positive comments about these episodes. If you have a question for us please email to podcast@rocklandusa.com<\/p>\n\n\n\n

QUESTION 1<\/strong>
Can you explain general tax implications or consequences of using Roth IRA to buy and sell stocks or mutual funds? Example if I use Roth Ira account to buy VIIIX….then sell a year later to buy HACAX.\u00a0 Will I have to pay taxes on the gains?\u00a0 Assuming I sold VIIIX at a profit but then turn around and used all of it to buy HACAX.\u00a0 Are all transactions gains or losses part of that tax year of said transaction.<\/p>\n\n\n\n

QUESTION 2<\/strong>
If I want to invest more than my max 6k a year to my Roth IRA, can I just invest extra to the same fund using my brokerage account outside of my Roth account? Is that a good strategy for investment long term?<\/p>\n\n\n\n


QUESTION 3<\/strong>
Currently contributing 15% to my work 401k. They match 50% up to 6%. Should I start to only contribute 6% to get the match and then put $6k into a Roth IRA? 23 Y\/O.<\/p>\n\n\n\n

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We have a great lineup of your social media questions. We have received so many positive comments about these episodes. If you have a question for us please email to podcast@rocklandusa.com QUESTION 1Can you explain general tax implications or consequences of using Roth IRA to buy and sell stocks or mutual funds? Example if I […]<\/p>\n","protected":false},"author":1,"featured_media":2794,"menu_order":0,"comment_status":"open","ping_status":"closed","template":"","meta":{"episode_type":"audio","audio_file":"https:\/\/netcast.one\/rotm2\/wp-content\/uploads\/2021\/02\/ROTM-ep111.mp3","cover_image":"","cover_image_id":"","duration":"35:49","filesize":"34 MB","date_recorded":"11-02-2021","explicit":"","block":"","itunes_episode_number":"111","itunes_title":"Tax implications of buying and selling stocks within a Roth IRA; The correct order of investing; Are you guilty with the cost of clutter?","itunes_season_number":"","itunes_episode_type":"full","filesize_raw":"35704650"},"tags":[168,185,200,205,209],"series":[234],"coauthors":[284],"episode_featured_image":"https:\/\/netcast.one\/rotm2\/wp-content\/uploads\/2020\/07\/ROTM-EP60-mp3-image.jpg","episode_player_image":"https:\/\/netcast.one\/rotm2\/wp-content\/uploads\/2020\/04\/album-rockonthemoney1410-10.jpg","download_link":"https:\/\/dts.podtrac.com\/redirect.mp3\/netcast.one\/rotm2\/podcast-download\/3074\/ep111-tax-implications-of-buying-and-selling-stocks-within-a-roth-ira-the-correct-order-of-investing-are-you-guilty-with-the-cost-of-clutter.mp3","player_link":"https:\/\/dts.podtrac.com\/redirect.mp3\/netcast.one\/rotm2\/podcast-player\/3074\/ep111-tax-implications-of-buying-and-selling-stocks-within-a-roth-ira-the-correct-order-of-investing-are-you-guilty-with-the-cost-of-clutter.mp3","audio_player":"\nhttps:\/\/dts.podtrac.com\/redirect.mp3\/netcast.one\/rotm2\/podcast-player\/3074\/ep111-tax-implications-of-buying-and-selling-stocks-within-a-roth-ira-the-correct-order-of-investing-are-you-guilty-with-the-cost-of-clutter.mp3<\/a><\/audio>","episode_data":{"playerMode":"dark","subscribeUrls":[],"rssFeedUrl":"https:\/\/netcast.one\/rotm2\/feed\/podcast\/rockonthemoney","embedCode":"

EP111 – Tax implications of buying and selling stocks within a Roth IRA; The correct order of investing; Are you guilty with the cost of clutter?<\/a><\/blockquote>