We have a great lineup of your social media questions. We have received so many positive comments about these episodes. If you have a question for us please email to podcast@rocklandusa.com
QUESTION 1
I heard about penny stocks, could you tell us about these? Or your thoughts on these?
QUESTION 2
My husband’s company just sold and he was told he can either cash out his 401K or he needs to transfer to another program, (It’s about $40k). What would you do? Roth IRA? Traditional IRA?
QUESTION 3
I think we are in baby step 5, only debt left is primary home $283k and $205 on lake place. Should we in these crazy times be paying down our mortgage or stock piling cash? Husband is still doing 15% in 401k and I lost my job due to Covid and haven’t found anything yet.
BREAK
QUESTION 4
Is it recommended to dollar cost average into mutual funds? Mutual funds, like individual stocks, are mostly at all time highs. Looking to put in 400k and just feel like the 15% correction in the short term is imminent.
QUESTION 5
What site can I go on to figure out what I need to do in order to break even during the tax season?
QUESTION 6
For the first time in FOREVER we owe on our taxes. Same salaries. Same everything. What did we do wrong? Did something change?
BONUS – We are back on BS1. I have a lot of medical problems so I contribute $3500 to FSA each year (and it gets used). My husband doesn’t understand why I want him to stop contributing to his 401k until we get through BS1-3.
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