Where to invest?

Question

I&#x27;m 29, homeowner, always have had a job, good money management (even tho I&#x27;m speaking on a gambling forum )I&#x27;ve had a ROTH 401k since I was 19 and have been contributing to it ever since. No employee match currently. Been speaking with my financial adviser at my credit union, he suggested starting a TRAD IRA.Now I&#x27;ve read all the articles about the benefits of every each Trad/Roth, 401k/IRA. And they all say the same about which tax bracket now, or later and that all makes sense to me. Then you hear theory&#x27;s of how the government might find a way to tax the ROTH accounts at some point. In the end, I&#x27;m looking to just stash some more cash away in an IRA. He suggested Trad so I can get a tax break this year (a few hundred bucks) and just add it to what I&#x27;m already contributing. Any pointers? Suggestions?

gimmedempoints · Answer

I&#x27;m 29, homeowner, always have had a job, good money management (even tho I&#x27;m speaking on a gambling forum )I&#x27;ve had a ROTH 401k since I was 19 and have been contributing to it ever since. No employee match currently. Been speaking with my financial adviser at my credit union, he suggested starting a TRAD IRA.Now I&#x27;ve read all the articles about the benefits of every each Trad/Roth, 401k/IRA. And they all say the same about which tax bracket now, or later and that all makes sense to me. Then you hear theory&#x27;s of how the government might find a way to tax the ROTH accounts at some point. In the end, I&#x27;m looking to just stash some more cash away in an IRA. He suggested Trad so I can get a tax break this year (a few hundred bucks) and just add it to what I&#x27;m already contributing. Any pointers? Suggestions?

thtran · Answer

move your 401k $ to cash and start shorting the stock market.buy some ETF positions....

SportsFan9698 · Answer

Buy silver at $15/oz

dl36 · Answer

Please made don&#x27;t listen to sportsfan who has a record of being the village idiot here.

The Hawk · Answer

I don&#x27;t know about where, but the best time to invest is when Fruit Of The Loom is down, and Wang is up................

thorpe · Answer

"Then you hear theory&#x27;s of how the government might find a way to tax the ROTH accounts at some point. "I think there is no chance this happens.   You need to decide if you want the tax deduction now or when you retire.  If you are not in a low tax bracket now, you probably want the tax break now.

thecentaur · Answer

As our government spends more and more the tax base is less and less, so you better believe they will break agreements to fund their spending.  Not like it&#x27;s unprecedented.  I doubt people who paid the 1st income tax of 1 percent (and that was only on income over a high amount) or the people who first paid into social security could ever have imagined how it has changed.

thtran · Answer

https://www.youtube.com/watch?v=eygXirnIzG4

thorpe · Answer

There has never been a tax applied retroactively.   tax rates go up and down, but that is only for future income.

TheGoldenGoose · Answer

Even a blind pig finds an acorn every now and then.I stubbornly continue to hold gold.You can invest your IRA in a metals fund.

Jonel · Answer

for sure not all in betting!

Where to invest?

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