What is your choice for you IRA?

Discussion in 'ETFs' started by Chris0854, Sep 4, 2018.

  1. 25+ time horizon
    currently about 15k in assets
    what are my options that have the best growth opportunity
     
  2. Brokerage account gives you the most options. For "growth opportunity", you'll have to pick the assets.
     
    Chris0854 likes this.
  3. Sure, but Im asking for asset recommendations.
     
  4. Assets will perform differently (including crash) at different times. The US stock market probably comes the closest to "25 years of growth", but I wouldn't be in a hurry right now to be committing your capital. Wait until the markets smash, then buy on the cheap.
     
    Chris0854 likes this.
  5. fan27

    fan27

    I have MJ and SPY in my relatively small IRA but for the bulk of my retirement (employer sponsored 401k) I use an automatic allocation feature of "Ultra Aggressive" which spreads out the capital among various low cost stock mutual funds.
     
    Chris0854 likes this.
  6. not looking forward to that haha but this market is gonna lose steam soon
     
  7. MJ is actually something i was looking at just seems really overbought Im not sure yet
     
  8. $5500 in UPRO at 30% CAGR no addtl contributions in 40 years = a lot.
     
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  9. fan27

    fan27

    Yeah...it has moved almost 50% in 14 trading sessions. Looks like it is going to make a run for the previous high at 40. One option would be to buy when price closes above the high made at the beginning of the year or wait until it pulls back some.
     
  10. rwnomad

    rwnomad

    I would stay in cash until we get a major pullback or bear market. Then IWM QQQ AMZN.
     
    #10     Sep 4, 2018
    Chris0854 likes this.