EP111 – Tax implications of buying and selling stocks within a Roth IRA; The correct order of investing; Are you guilty with the cost of clutter?

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Can you explain general tax implications or consequences of using Roth IRA to buy and sell stocks or mutual funds? Example if I use Roth Ira account to buy VIIIX….then sell a year later to buy HACAX.  Will I have to pay taxes on the gains?  Assuming I sold VIIIX at a profit but then turn around and used all of it to buy HACAX.  Are all transactions gains or losses part of that tax year of said transaction.

If I want to invest more than my max 6k a year to my Roth IRA, can I just invest extra to the same fund using my brokerage account outside of my Roth account? Is that a good strategy for investment long term?


Currently contributing 15% to my work 401k. They match 50% up to 6%. Should I start to only contribute 6% to get the match and then put $6k into a Roth IRA? 23 Y/O.

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