Roth Ira

[holderoftruth]

deac its about to be much worse than 08. sorry man

:yesnod:

All the additional reasons pstall mention is leading to a perfect storm brewing for the stock market.

[The Saltman]

So pstall since you say the market is crashing what should I invest in with the ira? Or just leave it alone for now?

[Kramerica]

So to everyone wanting to get into cash right now, when exactly do you plan on buying back into the market?

[The Graduate]

deac its about to be much worse than 08. sorry man

I would like to argue with you but I can't think of anything that would suggest you are wrong. There is certainly more than enough poo to be concerned about and geo-political factors don't help the situation. Time to rig for stormy seas.

People may want to go over their portfolios so they reflect current market conditions and have a built in degree of safety.

[pstall]

I would like to argue with you but I can't think of anything that would suggest you are wrong. There is certainly more than enough poo to be concerned about and geo-political factors don't help the situation. Time to rig for stormy seas.

People may want to go over their portfolios so they reflect current market conditions and have a built in degree of safety.

totally agree now is the right time to check your exposure overall.

[pstall]

So pstall since you say the market is crashing what should I invest in with the ira? Or just leave it alone for now?

cash, maybe very little in a US index fund. say no more than 20%. yeah i know, there will proly be bank stocks in there.

if you can get a index fund closer tied to techs.

[The Graduate]

So to everyone wanting to get into cash right now, when exactly do you plan on buying back into the market?

Good question. Getting out is the easy part. Getting back in is the hard part.

There is nothing wrong with taking an amount off the table if a person is already invested. There will be opportunities to get back in down the road.

For somebody like Saltman, Cash is a good place for now which would give him time to read some books on investing. It doesn't have to be complicated but there are plenty of books around and one was recommended in this thread.

[liljah8303]

Our dollar is losing its value quicker than ever. It's backed by nothing, and as long as the fed can keep printing money its not going to change.

Saltman find out how to cashflow with an investment rather than hoping for a gain on one.

[pstall]

cash flow? you mean investment properties? or annuities?

[The Graduate]

cash flow? you mean investment properties? or annuities?

I took it as that and would include dividend paying equities and bonds.

Investment properties - Commercial or Residential. Both will run into problems in the event of a major downtown.

Should also add investments designed to produce monthly or quarterly income as opposed to growth type investments. Real Estate funds and Income Trusts will accomplish this.

[The Saltman]

When you say get into cash do you mean investing in a business or something? I do have investments in business but those are doing as bad as the stock market right now lol Sorry if i sound like an idiot.

[The Graduate]

When you say get into cash do you mean investing in a business or something? I do have investments in business but those are doing as bad as the stock market right now lol Sorry if i sound like an idiot.

Cash is generally considered things like T-bills, Money Market funds, Daily interest savings accounts etc.

[The Graduate]

Thanks,

Some of us have been around this stuff for a long time. Doesn't mean were rich or anything like that. No such thing as a stupid question for somebody just starting out....just stupid answers.

[holderoftruth]

Treasury bills and CDs are some examples

Cash investments are liquid assets, which means they can be converted into cash easily. It gives you low risk but also low interest rates.

You want to be in a position to gain something instead of losing the majority of your investment. I would suggest options but that's a whole different ballgame.