[USER]

Hi everyone! Looking for some thoughts on my current investment strategy- trying to really nail down the game plan here.

26 y/o, traditional IRA and I also have a brokerage account.
*I chose to go with traditional vs Roth to save on taxes now- but not opposed to a conversion in the future.

Commission based income so it can vary month to month but overall steady.

Anyway, here’s the breakdown:
100% stocks
Current plan is to take profits at certain targets and roll them into some lower volatility equities/funds- but having a hard time deciding what ones would still offer the best growth over time-

I have at least 33 years left in the IRA so I’m okay with higher risk for now- but would like to transition to moderate risk and eventually lower risk as I get closer to retirement.

I’m also interested in everyone’s thoughts on dividend paying funds/equities vs those that are more for growth.

Tl;dr- 33+ years to retirement, looking to have a plan for growing my portfolio but de-risking over the next few decades and looking for recommendations on some places to park profits

Sorry for the length- happy to answer questions for more info if needed!

[Mark]

Ur plan is too complicated. 30 + yrs till retirement. All u want is growth and volatility. Thats what makes money over the long term.

Lower volatile assets make less money over time.

Ignore dividend stocks. U don’t “park” profits. U re invest them. Personally id go roth. 100% equities / index funds.

Enable DRIP. Rinse and repeat.

[Sanders]

You’re too young to get conservative. You should also be building your Roth every year you can contribute, focus on the IRA when you make too much.

If possible, contribute to Roth, brokerage, and IRA.

You want all 3 to FIRE.

[David]

33 years out, just put it all in an s and p index or total market index.

You can start looking at the details and making plans to rebalance when you are 5-10 years out from retirement.

[Author]

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