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Investing/Strategies / Retirement Investing
|Subject: Debt vs Retirement||Date: 6/13/2001 11:29 PM|
|Author: crazybanshee||Number: 30238 of 77274|
I lost just about everything I had in the market last year which left me with about $300 in a ROTH IRA account and a pile of debt. I have 3 questions:
1) I have been aggressively paying off credit cards but to continue on this path will mean no retirement contributions for well into next year. Should I keep paying off the credit cards, or use some of the money for retirement investing?
2) Should I split up the $300 into different stocks or just buy one, and any suggestions on what to buy? ( It is a stock account, not a mutual find account.)
3) After what happened last year, I am literally naseous when it comes to thinking about investing. Any inspiration or guidance in getting back up on the horse? The fall was a LONG way down and it still hurts.
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