ROTHS are amazing for penny stocks that go big. No

ROTHS are amazing for penny stocks that go big. No taxes on earnings but does have to stay in the account until the later of 5 years and the age threshold. So if you are 40, you still have to wait until the threshold age I believe.

Some people can’t actually invest in a Roth due to income phase outs, however you could put money into a regular IRA and convert it to a Roth by paying taxes. Hope this helps!