04-06-2025, 07:58 AM
Hello,
I have a IRA, ROTH IRA and Personal Investing Account. I have approx. 85% of my investment in Dividend Aristocrats, Kings and Champions. The remaining 15% are either in ETF’s or stocks that don’t fit in the Aristocrats/Kings (NVDA, TSLA, GOOGL).
Is it an incorrect approach to use all the accounts to invest in the same type of “portfolio” meaning all three accounts have the same blend of Aristocrats, Kings and Champions and ETF’s?
I am semi retired, I do have fixed income (pension) but also receive income from present job. Will work there a few more years then second pension and ultimately social sec. also.
Have a 401k but no longer contributing to due to retirement from initial job. I do not take anything from investment accounts and dividends are all re-invested.
Was looking at doing a backdoor IRA but not sure if its worth paying the taxes to get the funds into a my ROTH?
Appreciate all input.
D
I have a IRA, ROTH IRA and Personal Investing Account. I have approx. 85% of my investment in Dividend Aristocrats, Kings and Champions. The remaining 15% are either in ETF’s or stocks that don’t fit in the Aristocrats/Kings (NVDA, TSLA, GOOGL).
Is it an incorrect approach to use all the accounts to invest in the same type of “portfolio” meaning all three accounts have the same blend of Aristocrats, Kings and Champions and ETF’s?
I am semi retired, I do have fixed income (pension) but also receive income from present job. Will work there a few more years then second pension and ultimately social sec. also.
Have a 401k but no longer contributing to due to retirement from initial job. I do not take anything from investment accounts and dividends are all re-invested.
Was looking at doing a backdoor IRA but not sure if its worth paying the taxes to get the funds into a my ROTH?
Appreciate all input.
D