Originally Posted by Tits McGee
Roth IRA's are bit tricky.
First, if you make over 120,000 a year, your not eligible for a Roth.
Second, converting a conventional IRA to Roth is going to cost you, tax penalties etc.
2013 is going to have some challenges. I would look at the bond market. It's not sexy, but you will have some protection.
Well, if you make only a little over 120k, funding a 401k could bring you down to being eligible.
As for bonds, interest rates are very, very low. They eventually will have to rise. When that happens, look out. Investing in bonds means you think interest rates will stay low for a while, but I'm steering clear.