Good afternoon everyone. I currently hold SCHD/VOO in a brokerage account. $1950 total, $1500 my contribution, $450 growth. I’m lower tax bracket and these are Long term holdings.
Would it be worth it to sell and put into my Roth? (VTI/VXUS split) It would allow me to maximize my 2024 contributions before time runs out and then start contributing to 2025.
I estimate LTCG would cause me to pay ~$100 in taxes, is that a small price to pay to get further along in my Roth? I’m a little late to investing and am in my 30’s so looking to maximize gains.
Thank you!!