Which stocks and ETFs should I put in my Roth IRA??

Asked 3 years ago

Just started a Roth IRA and I am 22 years old. Have a 401K through my job; I am fulfilling their match. 18 K in my 401 K and counting. Now, what should I put in my Roth? I have SPY to start and that’s all. Please only legitimate answers thanks!

Andrew Moran

Thursday, June 03, 2021

By investing in SPY, you have started off on the right track. If you are looking to branch out with stocks and ETFs for long-term investment and retirement goals, here are some other picks to consider:

Procter & Gamble (PG)

  • 06/03: $135.77
  • Yield: 2.56%

This is one of the soundest investments since the house of brands is an iconic company that has been around since 1837 and has paid dividends for nearly a century.

Starbucks (SBUX)

  • 06/03: $111.23
  • Yield: 1.62%

The pandemic taught Starbucks to expand beyond its brick-and-mortar coffee houses. Starbucks now invests heavily in its brand-name products. Even if it did not, Starbucks would still be a smart long-term hold because of its global brand and healthy dividends.

General Electric (GE)

  • 06/03: $14.09
  • Dividends: 0.28%

General Electric has been one of the most celebrated corporations, diversifying its assets into renewable energy, aviation, manufacturing, and so much more. But the stock has failed to come close to its all-time high of $59. The company is going through a complete overhaul right now and the consensus on Wall Street is that GE could return to its glory days again.

Invesco DB Commodity Index Tracking Fund (DBC)

  • 06/03: $18.87
  • Dividend: N/A

This investment vehicle is quite diverse because it gives you access directly to commodities, including crude oil and corn, and it offers the security of bonds. Commodities are cyclical, but there is a regular boom (like right now) that could pad your portfolio.

Invesco QQQ Trust (QQQ)

  • 06/03: $330.00
  • Yield: 0.52%

Right now may not be the best time to invest in QQQ since the tech bubble has potentially peaked. But it is something to monitor since the fund invests in the Dolce Gabbana of tech businesses, such as Apple, Microsoft, Amazon, Tesla, and PayPal.

David Hay

Friday, June 11, 2021

A lot of this depends on where you are holding your ROTH. If you are on a suitable platform then you could use a robo assist feature. You need to consider your stock values before thinking about ROTH. The benefits of a ROTH is that you don't pay any tax on the gains. ROTH has far more flexibility.





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