I am nearing 30 and am finally creating a retirement plan. Ijust maxed out my 401K contributions and would like to create a Roth IRA to supplement it. Because of volatile market conditions, I am leaning towards investing in bonds for a year or so until the market points upwards again. (I look at the SP500 and Dow Jones and having a Zero or negative returns....)The government issued I-Bond which guarantees 3.4% above inflation rate appeals to me. At least I am guaranteed 5-6.5% percent annual returns until I decide to move into the market again. Two questions:1) Is it possible to create a Roth IRA based on I-bondsand2) Anyone have any feedback on whether this is a Foolish idea?Thanks for your help!
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ra