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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host -- Ignore unavailable to you. Want to Upgrade?


To: Investor2 who wrote (2346)12/9/1997 4:02:00 AM
From: Greg Luke  Read Replies (1) | Respond to of 42834
 
How the topic of Roth IRA's got twisted into a Nationl Sales Tax is beyond me. I think a little BB philosophy is appropriate here. We can see the near term future based on current conditions. But the farther out we look, the crystal ball gets cloudy real quick. That is why Bob is 100% invested and still bullish..because all the indicators look pretty good right now. But he is watching them like a hawk. I missed the exact numbers, but he is expecting the Producer Price index to rise .1% and another index is due out that I can't remember.

But, he is bullish while is always looking at all the sign posts to see if any say "Caution Bear ahead"!

The same logic holds true w/ the Roth. It is a good deal now..take it while you can..and don't go running around like chicken little worrying that the sky will be falling in the future,with absolutely no reason. I sure do not see any signs out of Washington that they will ever get a grip on the tax code in the near future. If it looks like they might down the line, then I will figure out what to do ..and only when I know all the facts.

Greg

ps, thanks to all for the great links to the Roth info. This is a great group for information and help. Even tips on how to have fun in prison.