A short YouTube video segment by Craig Wear, CFP® advising viewers on which investments to transfer into a Roth to maximize tax-free growth. The speaker explains that some platforms will move assets proportionally (example: taking 25% from each holding) and prompts listeners to consider which holdings — particularly high-growth "high flyers" — they want to enjoy tax-free growth on first.
So if you have a thousand shares of Apple and you're going to be doing 25%, they'll just take 25% over. And if you also have an index fund, they'll take 25% of that over. If you have a bond fund, they'll take 25% of that over. And that's, that's easy and it's clean. And the pie charts look pretty. But that's probably not your best interest. Let me tell you why the high flyers in your portfolio are going to grow, or you hope they're going to grow once that money gets over to that Roth. Think about what's about to happen. Whatever growth happens going forward is totally free of taxation. So you have to ask yourself, which of these investments do I want to enjoy tax free growth on first.
