Convince me why using my Roth IRA for high risk stock picks is a bad idea

I have a small Roth IRA account and a Roth 401k. I’m hoping to leave my current job this year and roll my Roth 401k into my Roth IRA. I’m trying to figure out if it’s really that bad of an idea to use my Roth IRA for riskier investments (riskier as in individual stocks instead of ETFs). Of course I’ve seen other people here on Reddit get ten baggers in their Roth accounts but I know I can’t bank on that. So, what are your opinions on using Roth IRAs for high risk investments? And if you use them for risky investments, what is the max amount of risk you take in them (eg. blue chips vs small cap biotech plays)? submitted by /u/NowThisIsDD [link] [comments] https://www.reddit.com/r/stocks/comments/rn7stk/convince_me_why_using_my_roth_ira_for_high_risk/

Creato 2y | 24 dic 2021, 00:22:01


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