Another episode of your social media questions and our thoughts! We have received so many positive comments about these episodes. If you have a question for us please email to podcast@rocklandusa.com
SOCIAL MEDIA QUESTION #1
How do you feel about the stock market? It’s been flying high and I am worried it’s going to tank soon.
SOCIAL MEDIA QUESTION #2
19 year old son, lives at home, is a full-time community college student, and works part-time. What would you charge him for room and board (the “rent” money will be put away from him to use in the future)?
SOCIAL MEDIA QUESTION #3
Brokerage, 401K, Roth : Which bucket should you use up first to last when you are in retirement? Would like to leave my spouse and children or heirs with as least tax consequences as possible.(Traditional first, then Roth. Brokerage has capital gains. Traditional 401K is income similar to a paycheck. Roth potentially tax free on all the gains – use last).
SOCIAL MEDIA QUESTION #4
When paying off your home by selling stocks how do people handle the taxes and being put in a higher tax bracket.
SOCIAL MEDIA QUESTION #5
Is there an app to calculate your net worth?
SOCIAL MEDIA QUESTION #6
How on earth does one find a good financial advisor? It’s worse than shopping for a car or trustworthy mechanic.
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