5 Stocks for Your Roth IRA: Google Inc (GOOG), Apple Inc. (AAPL), The Procter & Gamble Company (PG)

Page 1 of 2

The temperature is rising, and summer is right around the corner in many parts of the country. When I think of summer, BBQ burgers and corn on the cob come to mind. But before summer arrives, there’s one more season we must endure — tax season. Here are a couple of ways investors can apply principles from the grill to add fuel and fiery growth to a Roth IRA.

Roth IRA primer
Roth IRAs are investment accounts that offer us tax-free income in retirement. You can invest in stocks, bonds, exchange-traded funds, and mutual funds in a Roth. For the 2012 tax year, individuals can contribute up to $5,000 — plus an extra $1,000 if age 50 or older — into a Roth IRA. You have until the April 15, 2013 tax filing deadline to make the contribution. As an added bonus, and if you have some extra cash stashed in your piggy bank, think about adding additional money now for your 2013 contribution.

Google Inc (NASDAQ:GOOG)If you might be in a higher tax bracket when you retire, a Roth IRA is certainly worth considering. And even if you already max out your employer-sponsored retirement plan, you’re still eligible to open and fund a Roth IRA.

Kick your Roth up a notch
In order to get the most tax-free bang for your buck in this tax-free account, consider turning up the heat up with high growth investments. Three companies with exciting growth prospects include tech heavyweights Google Inc (NASDAQ:GOOG), eBay Inc (NASDAQ:EBAY), and Apple Inc. (NASDAQ:AAPL).

Transforming the way the globe searches for information, Google boasts almost 70% market share of all global search queries. The company generates the vast majority of its revenues from search advertising, but Google Inc (NASDAQ:GOOG) is diversifying through acquisitions like YouTube and DoubleClick.

Management has reinvented eBay’s Marketplaces business, which is currently outpacing global e-commerce growth. And eBay’s PayPal business has emerged as an innovative leader in next-generation payments and is well positioned for growth as the industry evolves.

Meanwhile, Apple Inc. (NASDAQ:AAPL)’s recent share price decline reflects a cautious outlook for the iDevice maker. Despite the stock pull back, the company still enjoys extremely solid demand for its products and ample growth opportunities overseas, most notably in China.

All three companies have enjoyed amazing growth over the past several years and possess strong prospects in emerging sectors. By owning these stocks in a Roth IRA, it saves us Fools from a big tax bite if these hot stocks live up to their lofty growth expectations.

Page 1 of 2

Dividend Stock Alert - Billionaire Robbins' Top Dividend Idea With 70% Upside Potential

Get Paid 3.5% Per Year While Waiting For The Stock Appreciate 70%

Larry Robbins' Glenview Capital Opportunity Fund returned 101.7% in 2013 and Robbins personally made $750 million. The same fund returned 25.3% in 2014. In this FREE REPORT we will share Robbins' top dividend idea that yields 3.5% and has been increasing its dividends for 39 consecutive years. Robbins thinks the stock has the potential to appreciate 70%.

This is a FREE report from Insider Monkey. Credit Card is NOT required.
Click here to Read Comments
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 74 percentage points in 2.5 years. Our beta is only 1.2 (download a FREE newsletter and see the details inside)

Lists

Best Selling Magazines in the World

Shortest People in History

The Most Celebrated Holidays in the World

Most Expensive Handbag Brands in the World

Top Selling Comic Book Issues of this Century

The Most Powerful Women in Politics

Best Paid DJs

Most Rebellious Female Artists

Best Paid TV Actresses of 2014

Best Paid Actors of 2014

Most Expensive Horses in the World

Tallest People Ever

Most Encouraging Feminist Celebrities

Best Paid Supermodels of 2014

Top 10 Suburbs for Retirement in 2015

10 Wealthiest Cities in America

Top 10 TED Talks for Entrepreneurs

Best TED Talks on Education

25 Most Dangerous Places to Live in America

Top 10 Ski Resorts in the United States – 2014 List

Top 10 Most Remote Places in the World

Most Visited Museums in the United States

Wealthiest Photographers in the World

Most Famous Gay Athletes

The World’s Most Famous Circuses

Best Hair Stylists

Most Popular NASCAR Drivers

The Best Romance Movies of all Time

The Most Wanted Drug Lords

The Oldest Money Managers

The Greatest Directors in the World

Largest Animals in the World

World’s Most Expensive Desserts

Best Selling Comic Books of All Time

A-list Actors who Sabotaged Their Career

Rappers With a College Degree

The Best Jazz Albums of all Time

The Most Influential Jazz Musicians

The World’s Most Famous Photographers

The Best Oscar-Winning Songs

Most Influential Choreographers Ever

Most Expensive Department Stores in the World

The Most Expensive Stolen Paintings in the World

The World’s Most Expensive Teas

Top Oscar Record Holders

The Most Expensive Flowers in the World

Countries With a Booming Film Industry

Most Expensive Cupcakes in the World

Uncommon European Escapes

The Most Stolen Artists in History

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 129% in 2.5 years!! Wondering How?

Download a complete edition of our newsletter for free!