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
We begin with a little financial talk on what the Island Boys should be doing with their new-found fame money before the flame runs out. We then get into your questions and comments!
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QUESTION 1
I have a pretty new 401k. I just upped my contributions to 12%. Does this look like a good diversification? Is my RoR negative because of the short time I’ve had this 401k? I’m enrolled in a professional management service FYI. I’ve looked at these investments and they seem to be pretty average, not stellar, not terrible either. Just looking for input from folks. Love the podcast.
QUESTION 2
Please advise. 401k versus 401k Roth. My work is adding the Roth option and we have only My brother was speaking to a financial advisor from his bank regarding his Roth IRA. He told him that we are heading to a recession and that the market is too high and needs correction. It will go down. My brother said he opened a Roth anyway. Have you heard anyone say that?
QUESTION 3
For retirement goals in 30 years what stocks, mutual funds, or index funds do I put in a ROTH IRA?
QUESTION 4
Should be put a new roof on our house before we sell it? It is 26+ years old, and definitely needs it. We want to list our house, and get the most profit during a seller’s market.
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