27 years old and I have almost exactly $100k saved between my 401k, Roth IRA, and Taxable Brokerage account, so it makes the math here really easy. I have $51k in my 401K tracking the S&P 500 and small caps. I have $28k in my Roth IRA tracking the S&P 500. I have $11k in a few individual stocks I purchased in late March only because they were really good deals at the March lows. This leads to my question:
I can't add any more to my 401k this year besides the what's left for the match and I already maxed my Roth IRA (already have emergency fund). For my next paychecks, this would lead me to adding to my taxable brokerage account. I plan on maxing my Roth IRA and 401k every year until I retire which don't follow individual stocks. Considering over my lifetime 99% of my future contributions go to things that track small cap and the S&P 500, do you see anything wrong with putting the next few paychecks into individual stocks that are attractive solely due to the corona virus? Adding individual stocks to my portfolio is not a regular thing, but until there is a vaccine its a short term thing I've been considering only because I can't add more to my TSP and Roth IRA. Thanks
Submitted July 05, 2020 at 08:19PM by Alaskan44 https://ift.tt/2VJm4CP
