ET Reddit Mentions | ChartExchange

Yes, I already retired pretty young. I played poker since about 2003, and had a friend add me to his payroll so I'd be able to contribute to his company's 401k. I put most of that into 401k and then did conversions starting a few years ago and adding the max to a roth ira. Then in 2024 I "worked" for a few months to contribute the max and finished doing a 401k to roth conversion so I can't actually touch the big earnings until 2028 unless I want to pay 10%, which I don't, however you can always withdraw your actual cash amount contributed to the roth directly penalty free if for some reason you needed the access to capital early. But once I started seeing huge gains, I started going bigger in my regular brokerage account and did very well there also. So I don't plan on touching the roth until 2028. You can write off all kind of gains now that I am a "business" who trades equities as a job. Atleast that's what the IRS says.
But yes, my roth is basically all high yield very conservative companies with a good amount of international exposure. I use fidelity so they have a good international mutual fund I use to own in my Voya 401k, so I bought a good amount of it. Ticker FSPSX last year it doubled the SP500 and paid around a 3.7% dividend. For a total return of about 35%. I plan to stay very defensive with a good amount of international exposure. And I use about 20% for my top picks at that specific time. Like my recent UPS at the 7% yoc, VZ at same 7%, Vici at 6.5%, I really like Couche Tard as well, I've held them for forever, it was the 1st stock I ever bought and I'll tell you what it compounds like no other. I have both the Canadian shares and the OTC shares, but I just love the company. Anytime they dip I buy a bunch more but I also sell when they go way over their normal range and buyback later when they drop a bit. I've held ET for quite a while as well and BN. I've basically turned the roth into an income producing machine. Not looking for high beta, but if Msft falls much more I'll have no choice but to take a large position. SAAS has killed many software prices, but their already at like 10 yr lows, if it drops $10 more I'll probably pull the trigger. I've been selling cash secured puts on CRM also and I wouldn't mind getting assigned to be honest. As for Msft im 50/50 but im sure in a year this will be a gift of a price. I know tech sells off tomorrow hoping msft falls to 367 or so and I'll buy a starter and at 350 id buy 1k shares. I already set limit buys, not sure if it touches those prices but im hoping it does. I got a few calls on pltr I expect it to shoot up tmrw quite a bit.

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ET
Energy Transfer LP Common Units representing limited partner interests
stock NYSE