Quote:
Originally Posted by TyroneShoelaces
I'm finally going to start "playing" with some investments and looking for something more aggressive. I of course max my 401k match and a few extra percent but I have a small IRA of 5k that has been sitting around for years doing nothing that I've been too lazy to roll into my current account, and also we have some $ we were going to use for a house renovation but since we can't even find a GC to do any work, let alone roof trusses are a year out in my area we are looking to invest some of our reserves. Possibly real estate with that as our local market is insanely hot atm.
I might setup an account for my teenage son (17) and see if he wants to play with 1k of the IRA funds to inspire long term interest.
If we don't buy a local property I need something I can get back out in 6 months if we decide we want to do the reno, we may buy a property not in our area where we want to retire in 15 years.
My 401k is with Fidelity, can I set up a trading account there and not quite day trade but buy a few of the stonks all the kids like and keep an eye on?
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My 401k is with Fidelity as well as my general brokerage accounts. It’s easy to set up multiple sub accounts.