>take $6000, the max IRA contribution>put it into stocks instead>collect divvies until end of the year>then sell the stocks and put the money into IRA>profit the divviesWhat could go wrong with this?
because the dividends won't be subject to tax if they were placed in the ira>have $200k stocks in taxable>stocks produce $6k dividends >max roth instead of reinvesting get gud noob
>>55102496I'm trying to build up to this point you're describing. Once I have that much money I'll do exactly that
