Quote:
Originally Posted by WSSix
Good info as always Greg. You're correct in that it will be tough when the market goes down again for most people to just sit there and ride it out. I'm not looking forward to that point but I think I'll be ok. Not only have I chosen mainly steady eddys but I make plenty of money to live on at this point in my life so I am by no means stretching myself to save or invest. In the mean time, I'm saving the rest in a general savings account that I can easily access and use to buy stocks when the market goes down or I simply have money to lock away. I also use that savings account to store my money until the beginning of the next year when I can max out my Roth. I have no idea if it helps or has any effect positive or negative but I like to max out my Roth for the year during January. I figure the sooner I can get it in there, the sooner it can be earning tax free. Sounds logical to me and I hope that it works out that way.
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RIGHT ON! Good planning -- and good thinking!!
