IRA

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Asked by an anonymous user
Answered by Tony Villa, Financial Adviser in Livingston, NJ
Why would you do that? Your current allocation is quite conservative & you can't predict when the markets may improve (gain in value) again. How long are you hoping th...
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Asked by Jenna
Answered by Kate Holmes , CFP®PRO+ in Las Vegas, NV
Hi Jenna. You're looking towards the future and ready to move forward - that's great! I also know it's not easy. Before diving right in, it would be good to reflec...
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Asked by an anonymous user
Answered by Alex Bentley, Financial AdviserPRO+ in Pacific Palisades, CA
Here is my opinion -- gold is a terrible investment. It has no intrinsic return. Yes in an extreme market crisis, it can do well for a short while. Create a boring,...
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Asked by yancy
Answered by Pamela J. Horack, , CFP®PRO+ in Lake Wylie, SC
Hi Yancy! It pays to take a look at what your employer plan offers. On the plus side, the money comes out of your paycheck automatically, so it's super easy. You can c...
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Asked by an anonymous user
Answered by Kate Holmes , CFP®PRO+ in Las Vegas, NV
A good way to think this through is to look at how much you're earning (or it's costing) in each case. For example, the mortgage is only 4.5% interest whereas your cre...
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Asked by an anonymous user
Answered by Christopher Nesbitt, Insurance Agent in San Clemente, CA
Yes, I highly recommend you "take the money and run". And yes, you can put it in an IRA. But note that an IRA is just a framework for investments, not a description f...
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