Once Again, No Bonds In Your Roth

No bonds in your Roth accounts. No. Nyet as we say us Russian troops, uh, bonds. We're Russian bonds. How dare you don't want to fund Ukraine for a trillion dollars? You must be a Putin stooge! You're a Putin stooge. You're a Putin or pooh? I think it's pooh. Pooh. Pooh pooh. Anyway, that's true. Anyway, uh, what's the other word I know in Russian? Frank, I can't remember what that means anymore. Anyway, going back to, uh, speaking English. So, uh, I had an email from a lady. I forgot her name. Sorry, lady. I went to Janice, but I'm not sure that's what it was. Anyway, she emailed me and goes, you know, how do you, when you're doing Roth conversions, you know, do you separate your accounts? Like, where does this money go? Where's that money go? You know, do you keep a, basically, if you're a 50-50 portfolio, do you keep 50-50 in both accounts? You know, IRA and Roth and stuff. You know, when I did my retirement planning course and my investment course, which you should still get, is they're both in the links. Um, you know, they're, I can't advertise those better, man. I tell you, I just, I just get so caught up in what I'm talking about right now that I forget to do that. Oh, don't forget to fondle the like button, or you can paw it if you like the dog. And you can tell me, did you fondle or paw it? You can tell me too, by the way, because we like to hear those comments. Are you a fondler or a paw-er? Yeah, that guy's good. Why do people buy these fancy cars? It's weird. Fancy schmancy. Try my old 19, 2017 Dodge Durango. 122,000 miles on it. Some guy said, I can't wait to send a positive comment. That car will get you to 200,000 miles as, uh, what do you say? You'll go to, uh, you'll go to the moon before that car gets to 200,000 miles or something like that. Anyway, so going back to the, uh, the Roth stuff. So the, the issue I had with, we don't want Roth, uh, bonds in a Roth is, you know, there's no growth in bonds. I just, I cannot stress this enough. Bonds don't give you growth. They give you interest. That's it. And the interest is fixed. There is no growth. Now there was a time back when I did my retirement planning course, the interest was like one and a half. You know what I'm saying? I think his tenure was paying one and a half or something like that. I said, not only is there no growth in bonds, there's downside risk potential significantly in bonds as well. Because when the rates go up, the bonds will get crushed, which is exactly what happened now about 18 months or so ago. Let's say the 2022. Yeah. So yeah, but 18 months or so ago when the feds started raising rates and they raised them fast, um, at that point there was a opportunity to put bonds in your Roth. And I did that. I actually had my long-term EDV. That's the, uh, the long-term zero coupon government bond, uh, that I bought in May of 2023. And, uh, I was, I was too early to the party there. Because that bond still had still was taken on the chin. It's just come wrong. I mean, it's gone strong now. And we've had some serious growth in that bond. If I would have timed it right, I would have made explosive gains in my Roth. And that's just basically because the interest rates dropped again. You see what I'm saying? You know, it's clocking four to four and a half percent interest. And, uh, I was waiting for the prices to come back up because the interest rates would fall. And that has since happened now. And now we're done here. I mean, they're not going to lower the interest rates to where we were in 2020. It's just not happening. So the days of the growth of your bonds are now gone. And that, that growth grope, the grope and what my Biden, that grope, uh, that growth was a fleeting because it's only just based on the situation of the interest rate cycle. So the interest rates are low is you're not made. There's no growth on bonds. Anyway, uh, interest rates are low. There's definitely only getting your interest. And the only interest you're getting is very, very look at that dog. Oh my goodness. Oh, oh my goodness. I love dogs, man. I can just hug dogs all day long. And they crack me up when interest rates are low. The only gain you're getting in a bond is the interest. And a low interest means you're getting low gain. There is no upside. There's none in terms of capital appreciation. They're just not when interest rates are high. There's two upside. You're getting high interest rates and you're getting the potential upside when the interest rates fall back down. And so that was my, uh, my, my thought process. It was completely correct. I just, like I said, it's too early to the party there. So I made some money in my EDV. I actually haven't checked it. It was, I got hit pretty good. I got in there just too early, but I still, it's come back to even. I think I'm at least at even Steven now. And so now I'm just clocking in the, uh, the, the interest rate in terms of what I, in terms of the EDV and I can't remember what it's for. So I'm getting 4% on a, uh, on a guaranteed, uh, government bond tax free. That's fine, but it's not nearly enough to be to justify being in a wrong or way. I mean, you think about it, there's a six and 4% compounding over time. You see what I'm saying? And remember that 4% interest isn't compounding. It's just fixed. It's a fixed interest rate. I don't think that doing, um, you're just getting 4% each and every year. I, that's just all there is to it. So the growth on a stock, especially a dividend oriented stock that can pay, uh, appreciating dividends is significantly more growth potential than the growth of a 4% fixed income bond. And so the, the bonds you want in your traditional IRA, the growth stuff you want in your Roth, I just, I hope that makes sense. It probably doesn't. I probably yap and no one knows I'm talking about people say, I can't stand this guy. He doesn't make any sense. His videos are not very well put together. He has ADD or ADHD and he likes Trump and he makes fun of Sniffy Joe and he looks like Harris. What else do people say? I don't like his dog. Uh, I don't like, I don't want, you know, he's got the, you know, he's, he's, he's, what did they say? Uh, pale, stale, male, pale and stale. He's too male, pale and stale. I literally couldn't believe there are HR people saying back during the George Floyd, George Floyd stuff, there are literally HR people saying male, pale and stale. IE you're old, you're male and you're white. And as if that's a bad thing. And I was like, how do these people get away with it? It's crazy, crazy. I couldn't believe it. So yes, I am male, pale and stale. And that's the way I, uh, I hold myself out to be. And frankly, for any civilization, you want a bunch of people who are male, pale and stale. You just don't, we all know this. That doesn't mean other people can't have functioning civilizations. We know what I'm saying is these things aren't mutually exclusive. If you're male, pale and stale, IE an older white man, that doesn't mean you have a, uh, a working civilization. That doesn't mean Indians can't have working civilizations. Chinese people, Africans doesn't mean like that. Everyone just wants to put this mutually exclusive. If this, then that can't happen. Just, that's not two things can exist at the same time. But we all know a civilization run by male, pale and stale people. Most likely will be a very healthy civilized civilization all the time. I mean, look at, you call me US Russia, USSR. I get it. But at the end of the day, we all know male, pale and stale is a sign of, of, uh, of civilization, a sign of a safety net, a sign of just as rule of law, freedom of speech, freedom of association, a sign of just crushing. Let's just put it this way. Again, that doesn't mean other people can't have that. It just means that you're male, pale and stale. That's why everyone wants to come to countries that are male, pale and stale because they know we got it going on. So enough of this being offended by people saying that. And if you're one of us male, pale and stale, then you're like, I'm so guilty for what I've done. Did you do anything? No, then shut the hell up. If you didn't do anything bad, you got nothing to be feeling guilty for. The same, same kind of thing. If you didn't build what those crazy builders of male, pale and stale did in Italy, whatnot, whatnot, then you got nothing to be proud of. You didn't do it. Your people might have done it, but you specifically didn't do it. You can be, and I can be proud of what black people did. I can be proud of what Asians did and Chinese people and Indians too. You can be proud of what human beings did. But you don't, you specifically can't say I'm proud because my people did. That's just stupid. You didn't do it. Or I'm guilty because my people did. No, I didn't do it. I'm not proud nor I'm guilty. I'm just saying I'm proud of human beings for what they've done, accomplished. And I'm guilty. And I'm not guilty at all for what human beings have done despicably. I don't take no blame for that. And I literally just take pride in what other people's stuff has done. I'm amazed by the ingenuity of human beings. Ross, I raise and I have a blank. God bless.