Hi! I have a Roth IRA and have not been able to contribute anything towards it yet, do you recommend I transfer that money towards stocks or keep it where it is? There’s only about $1,200 and my plan is to start contributing towards it next year, but I wasn’t sure if it would start generating more money if it were put towards investments. Any thoughts would be greatly appreciated! Thank you!
Hi Elizabeth,
Yes! Make sure that money is invested! It is sin #1 to keep cash in a retirement account. We also believe in investing early and often so if you have the money now, invest it ASAP!
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