The DU Lounge
Related: Culture Forums, Support ForumsAnybody have an IRA?
What would you do? I have a small IRA and it got hit bad last time. It just came back strong this summer and I hate to lose those gains. I'm over 60, so that helps.
Incitatus
(5,317 posts)If you are able to sell at current value and then the market crashes, it would be a good time to buy. I'm expecting a default to be averted, but perhaps I underestimate the stupidity of some members of Congress.
I don't know what I would do in your position. I would be a little uneasy too.
Marthe48
(16,975 posts)so if the market drops, I'd have less value, but could buy more shares with my contribution and hope things turn around.
Marthe48
(16,975 posts)elleng
(130,973 posts)If it came back once, it will do so again. NEVER a good idea to sell low. IMO. I'm also over 60.
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Mz Pip
(27,451 posts)I certainly don't like this but maybe the financial backers of the GOP will start making some serious phone calls. Letting this go or much longer is going to cost a lot and not just for the little guys like us.
All the drama makes us anxious and I'm so tired of it.
MrMickeysMom
(20,453 posts)I've been pretty stable with it, and I find that the best information and guidance I've ever had was from Vanguard
https://personal.vanguard.com/us/home?fromPage=portal
Marthe48
(16,975 posts)I don't do much hands on, but Janus has been good for me.
The Velveteen Ocelot
(115,733 posts)That's what I'm doing, anyhow, and my situation is the same as yours.
Marthe48
(16,975 posts)Luckily, we are saving it for a rainy day, and if it does shrink, it might come back, again.