Dec 19, 2023
Joe and Big Al spitball on investing in index funds, bonds, CDs, treasuries, annuities, net unrealized appreciation on company stock, and where to park cash right now. Plus, how do taxes, Roth conversions or the Mega Backdoor Roth, and donor advised funds factor into those investing strategies? Will and Debbie in Gettysburg are investing an inheritance, LJ in Philly and Jane want the fellas’ take on the pros and cons of various safe investments, Roger and Jessica in Cowtown Ft. Worth need four different financial spitballs, and should M.E. in Atlanta do a Roth conversion and put money in a donor-advised fund in the same year? But first, Dianna in Spotsylvania needs an investing plan for her 86-year-old Mom.
Timestamps:
- 00:57 - Investment Spitball for 86yo Mom: Index Funds? Roth IRA and Conversions? (Dianna from Spotsylvania, Virginia)
- 05:57 - How Should I Invest My Inheritance? (Will and Debbie, Gettysburg, PA)
- 14:12 - How’s My Laddered CD Investing Strategy? (LJ, Philly)
- 17:07 - Tax on Treasuries vs. CDs vs. Annuity: Where to Park Cash Right Now? (Jane)
- 22:27 - NUA Company Stock, De-Risking With Bonds, & Mega Backdoor Roth (Roger & Jessica, Ft. Worth)
- 34:13 - Donor Advised Fund and Roth Conversion in the Same Year? (M.E., Atlanta)
- 40:54 - The Derails
Access this week's free financial resources in the podcast show notes at https://bit.ly/ymyw-460
- Top 10 Tax Tips Guide (limited time offer - download by this Friday!)
- 10 Tax-Cutting Moves to Make Now - YMYW TV
- Investing Basics Guide
- 10 Steps to Improve Investing Success
- Episode Transcript
- Ask Joe & Big Al On Air for your Retirement Spitball Analysis