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
-
Over the years, few companies have served income investors better than the S&P 500 Dividend Aristocrats. To become a “Dividend Aristocra...
-
There is a company that’s doing exactly what you want to do: lending to venture growth stage businesses in the tech sector. Better yet, that...
-
Cheap valued stocks with high yields will never go out of style. I could go on about the powers of compound interest, but I think we're ...
-
First, and perhaps the most obvious, is that being able to enter biotech stocks at a cheaper price — assuming the companies are not fundamen...
-
This has got to be the most interesting high-yield opportunity to watch this earnings season. The company was already one of the most genero...
-
The steady stream of payments from dividend stocks can act as some ballast in the rough seas. After all, if you’re already getting a 3 to 4%...
-
I am adding to my existing long position in this REIT. The commercial property REIT has very convincing portfolio and dividend coverage stat...
-
In this day and age, quarterly earnings are arguably the most watched events in the stock market. And when a company reports its quarterly f...
-
Investing in real estate can be lucrative. That is, if you don’t mind taking on a second job as a landlord. Would-be investors need solid cr...
-
Owning dividend stocks can be a great way to not only grow your portfolio but also get a tax-effective cash return on your investment. Wheth...
0 comments
Post a Comment
Post a Comment