Quote:
Originally Posted by David
I lost 17 percent in my IRA from July to now.  |
OUCH!!!!!!!!!!!!!! That's gotta smart.
And, ordinarily, I'd say keep buying because you are betting more shares for a cheaper price and then you add the current tax free and current deduction advantage. But, I do not think many people will have the money this year to put into an IRA or other retirement program. Moreover, it would talk nads of steel to put money in the market right now. But, considering all th variables, at some point you have to get back in. Of course, in theory, when you get to be our age, you don't have the time to make the required money much less recover from the 17% loss.