4K Roth IRA money to spend


Hello fellow stock traders. I come to you for an opinion on what I should do with some money I was able to roll over into my Roth. The fiscal conservative in me wants to buy a fund or go with VOO or something, but the risk taker in me wants to take advantage of some of these dips. I am looking into TSLA or AAPLin particular, assuming there will be a recovery in the next few years. Ideally I would like to buy something that is dipping now, ride it up and then swap it for something more conservative once the market adjusts. That being said, I’d also love to win the lottery, so no need to state the obvious or grill me on my naivety. I obviously don’t want my money to just sit there until we “bottom out” and would like to take my chances at making a greater return than I would in funds. For what it’s worth I do believe both Tesla and Apple are strong companies that will be key players in the next decades. I will also not be able to touch this money for another 28 years so there’s time to play. Thanks in advance for any advice or help!


Comments

Leave a Reply

Your email address will not be published. Required fields are marked *