Of course - you can do anything you want with your after-tax money. You do not report where you spend or invest your money.
What gets reported is stock sales and any capital gains when the securities are sold whenever in the future that may be.
The only reporting are gifts that exceed $15K in a year to only one person and that is not on an income tax return.
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
