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i used to dollar-cost average the maximum contribution, but now just dump the max at the beginning of the year.
clark howard says that the first $5K of any investment money should be dumped into a roth ira.
i love when clark answers a call and asks in his nerdy voice, "how are YOU??!"
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Quick question for those investors out there. I play a pretty safe game and provide my 5K to a Roth contribution every year. The account is pretty much a target retirement fund at 2030 that tracks generally with the stock market.
I would consider the beginning of this year to be a bad time for me to push my 5K into a roth target fund. I don't see the market holding. There is 5 dollar gas on the horizon this memorial day, more political antics coming to the US, and the EU....
Do you think the markets will take a dive again this May, June, or July?