OK, let’s talk about my Roth IRA. It’s been a year since my last update and since then there have been a few additions worth noting.
To set the stage, I’m in my late 40s and am hoping to retire in about 10 years. Retirement for me does not mean not working, but it does mean stepping away from the 9-5 job and focusing on projects that are more fulfilling and less stressful. With this goal in mind, I have another decade to build on this Roth. Note that as long as I’m 59 1/2 years old or older, I can withdraw funds from this account without penalties.
The equities market still has no enemies. Normally, I treat my Roth as a safe, slow growth, dividend focused account. However, the market has been so strong lately that I’ve temporarily added a few spec plays that don’t pay dividends.
So, let’s jump into it.
VOO, VT (recently added), IBUY (recently added), GLD, GBTC (recently added – bitcoin)
Energy: Should benefit from a post Covid recovery.
XOM, OKE, ED
WMT, SPG (recently added), PLNHF (recently added), HD
Infrastructure: Looking for these to perform well as the economy starts moving post Covid.
URI, CAT, CX
Tech: 5G and communications. I plan to add more here.
Financial: Could benefit from a rising interest rate environment in 2021.
RY, JPM, BLK, V
MRK, JNJ, MDT
BYND (recently added), MAR (recently added)