carleton: look at your retirement accounts, convert to a roth ira.when you make withdrawals later, there is no required minimum distribution. for some people that could be a vehicle. jack: if you have a good 401(k) you could roll can roll your additional 401(k) into the 401(k) and then start a new roth and get the tax bill. more tax goodies. carleton: we talked about asset allocation. the other thing, asset location. what you might do, if you have taxable bonds in your traditional brokerage account you would want to move those or other high-growth assets into your tax-advantaged account. seems like a minor step but when you look over years and decades of this could be tens of thousands in taxes you will pay. pay attention when it comes to evs. there are new tax benefits going into effect in 2023 but this is an area you need to research. jack: supply plummeted, scary to go into a carlotta during covid. jack: some we have a chart of the used car index showing prices are coming down a bit. the price of used cars shot up 50% during the pandemic. if you a

yes, in doing so -- roth ira and get hit with a tax bill up front and making draws later they come outax free and with a roth, there's no required minimum distribution and could be an estate planning vehicle. >> good planning 401k and roll them over into a back dorman roth and start a new roth and not get hit with the tax bill. okay, more goodies and tax goodies. >> more goodies. top of the show talking about asset allocation and 60/40 portfolio and other thing not talking about as much is as lett location. if you have taxable bonds in your traditional brokerage account and move those into your tax advantaged accounts. seems like a minor step to make but look over years and decades, this could be thousands, tens of thousands in taxes you'll not be paying. jack: quick car tip before going to car guy. >> on that, pay attention when it comes to evs. if looking to buy elect trick vehicles there's new -- electric vehicles, there's new tax credits in 2023 but do your research. jack: supply and demand. supply plummeted, jack, scary to go on a car lot in covid. is it coming back? >> slowly. we

you know, you read 50,100 comments and you takelike the most common one-- "open a roth ira,""pay offvehicles," "put the remainder of itin a vanguard total market fund," right? at this point, i had neverinvested anything, ever. - so i was spending every day just kind oflooking at numbers and seeing portfolioson the phone. and it's like,ok, so airbnb is, like, $176. under armour is $17. and i'm looking at thesethings and i'm like, well, what can istart investing in? matt kelly:i was on reddit looking atall these different things, and then i started comingacross wallstreetbets. [typing noise] - so i'm on reddit and it'slike r/wallstreetbets, like the slash. and i'm like, well,what's wallstreetbets? [music playing] man:dear viewer, do you money? do you like money?does your money like money? does your money want to makesweet lovins with other money and have beautifulmoney babies? do you haveinvestment accounts you don't understand or pay attention to becauseyour meaningless desk job is all the excitementyou need? or are you atrader? [interposing voices] matt kelly:i loved the sentiment of