Replies to post #726497 on Fannie Mae-No Politics (FNMA)

[MoneyRobot]

Of course, goober. All your financial crisis play should be in a Roth. My wamkqs were all in a roth. CTs 80% Roth/IRA. And FnF 60% Roth/IRA , 10% 401k and the rest brokerage. You dont want to pay a penny more in taxes than you have to.

I will tell you this, if you have huge gains in an IRA, it will trigger an audit flag from the irs. I have been audited 6 of last 9 years because of my wamkq and fnf flips. Have a clean trail and follow the rules and laws and you will be fine.

Best is the Roth.....go figure

[kthomp19]

You would consider maxing your ROTH IRA for this year with JPS wouldn't you?

I have done so for the past six years, so yes I would. Nearly every FnF share I own is in my Roth IRA anyway.

All of my investment money is divided between FnF juniors, S&P 500 index funds, and cash. This year I have been rotating some of the S&P 500 money to cash but I'm leaving the FnF stake alone: neither increasing nor decreasing it except for Roth IRA contributions.

I think there's a good chance of a late year meltup due to Lamberth trial anticipation (assuming he doesn't grant summary judgment to the government and kill the trial), along with possible post-midterm admin reform and Trump announcing a presidential run.