Start Roth IRA

ctk asked: Moving money from brokerage accounts that include iras where we were paying a financial advisor, etc. to a credit union money market for a year or so while waiting to see what happens with the economy. Can our roth iras be moved to credit union roths without any problem? Baltimore, MD

JFedora asked: And I have also heard some talk of this being a Double dip recession. How will that affect Mutual Funds?

When dollars became unhinged from gold , the printing presses at the Fed cranked up. By 1980, for every ounce of gold in America , the financial system carried $ 6966 in cash. That’s $1.8 trillion total. …. This is so precise an indicator of recession, in fact, one study published by the New York [...]

Mixed economic reports pinned the stock market to only modest moves Friday but gains for the week were strong. … Citigroup was the hardest hit bank during the financial crisis. The coming week could provide important signals about the economy. The Federal Reserve’s interest rate committee meets Tuesday. Although policymakers are almost certain to leave [...]

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In the last 18 months many Americans have been faced with job loss. The economy is so slow that finding work is not easy. For those people a 401k rollover to an IRA was and is the only good option for their retirement account. When you leave a company, you have the option to roll [...]