Even for this buy-and-holder, when traditional retirement account values are down is when I like to convert a portion to Roth. Stocks had a downdraft in May, and the Monday premarkets are down, so the upcoming week might be another down one. IMO we're approaching a good time to convert to Roth.
Ideally one would convert exactly at the bottom, but since timing that precisely is not possible, one might consider breaking the year's total planned conversion amount into smaller portions converted at different times, each at what looks to be a relative low point.
Anyone have other strategies for when they do their converting to Roth?
Ideally one would convert exactly at the bottom, but since timing that precisely is not possible, one might consider breaking the year's total planned conversion amount into smaller portions converted at different times, each at what looks to be a relative low point.
Anyone have other strategies for when they do their converting to Roth?