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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (59887)1/12/2010 8:46:28 PM
From: Arran Yuan  Respond to of 219862
 
:0)

Already did that, to say, upto 40% of our whole capital in IRAs. But figure there is still something going up in the grand down "market". Or put it another way, there might be better value, say pure fun, for relatively less. :-(



To: TobagoJack who wrote (59887)1/13/2010 1:57:55 AM
From: energyplay  Read Replies (1) | Respond to of 219862
 
IRAs have some immunity from lawsuits, so it is nice to hae something in them.

If you can roll part of the funds from the IRA into a 401(k), many plans will let you borrow against the 401 (k) value.

Use with caution.

Accelerated IRA/401(k) withdrawals result in income tax liability - so it may be best to postpone withdrawal until a low tax/low income year.

CEE in Canada holds gold, and may be safer than GLD etc.
There is a cost with this.

Having a way to reduce or avoid taxes on investment results can become very valuable, especially in an inflationary environment.