LogFAQs > #952275329

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Topic	Invest in stocks, or try to get a condo?
Zachnorn 03/30/21 10:01:59 AM #43:	Sounds really good. I dismissed IRAs a few years ago because I didn't want my money locked up until retirement and my credit union only offers 0.15-1% on IRAs. I honestly had no idea that IRAs could be used in investing stocks (I thought that was a 401k/403b thing) and that it's not necessarily locked until retirement. I thought it was more of a savings account. Probably going to drop 6k into one and buy short term gainers. Turn it into a secondary housing fund if I need that cash and keep the returns for retirement. I wish I knew all this and had the money sooner. --- <D <cite>Zachnorn posted [p:952275329] in Invest in ... [t:79375157]...</cite> <quote>Sounds really good. I dismissed IRAs a few years ago because I didn't want my money locked up until retirement and my credit union only offers 0.15-1% on IRAs. I honestly had no idea that IRAs could be used in investing stocks (I thought that was a 401k/403b thing) and that it's not necessarily locked until retirement. I thought it was more of a savings account. Probably going to drop 6k into one and buy short term gainers. Turn it into a secondary housing fund if I need that cash and keep the returns for retirement. I wish I knew all this and had the money sooner. --- <D</quote> ... Copied to Clipboard!
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