We have a lot of retirement saving options nowadays, but arguably none might be better than stashing dividend stocks inside a Roth IRA. In a sense, Roth IRAs are like Swiss bank accounts for regular folks. The difference, of course, is that they’re perfectly legitimate and sanctioned by the Feds. And unlike stashing cash offshore, you can get started with just a few hundred bucks. The question is, what are the best investments to keep inside a Roth IRA?
You could do worse than dividend stocks. Sure, interest is taxed at a higher rate. But given how low yields are right now, you’re not hiding that much money from the IRS. Plus, combining the tax-free advantage of Roth IRAs and the compounding wonder of dividend stocks is a powerful wealth-building formula! This year, the standard limit an individual can contribute to their Roth IRA is $5,500. So if I had a spare five grand or so lying around, here are three dividend stocks I would buy: The Coca-Cola Co (NYSE:KO), Enbridge Inc (NYSE:ENB) and Union Pacific Corporation (NYSE:UNP).
Source: Income Investors
Related Articles:
- Three Keys For Successful Dividend Growth Investing
- 5 Exceptional Dividend Growth Stocks With Quality Financials
- 10 High-Yielding Dividend Aristocrats Not Afraid to Raise Their Dividends
- 8 Dividend Stocks With A Quick Payback
- 9 Dividend Stocks Ignoring The 4% Rule
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
Real value comes from holding on to your stocks for years -- decades is best -- and watching as their businesses grow and appreciate. It'...
-
In this article we discuss the 5 Best Dividend Stocks to Buy According to Billionaire Ken Fisher. 5.) British American Tobacco p.l.c. (NYSE:...
-
Investing for retirement requires a different approach from merely betting on growth or value stocks. The strategy for fixed-income is to bu...
-
On Monday, AT&T (NYSE:T) confirmed that it will spin off its WarnerMedia entertainment unit and merge it with Discovery. While this will...
-
High dividend stocks included on our list had a number of criteria to meet — all stocks satisfied a minimum dividend yield requirement, have...
-
Earlier generations have favored dividend investing because generally higher yields were on offer then. Today, though, some investors have b...
-
One of our favorite areas to find blue-chip dividend stocks is in the utility sector. Companies in this space provide electricity, gas and w...
-
It’s safe to say that one of the biggest concerns that economists and investors have on their minds at this time is inflation. Regardless of...
-
Business Development Companies, known as BDCs, offer the retail investor exposure to privately-held firms, which often are funded by venture...
-
One factor that can make a big difference is competitive advantage and leadership in a given industry. In general, larger companies with glo...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.