My wife and I are in our early 30's and both have Roth IRA accounts. My wife's account is doing well over the past couple of years. Mine, however, (begun in February of 2000) is down substantially (50+%). It seems at this point it will take awhile for me to just break even. I am not sure of all my options at this point, but the ones I see are:

1. Hold onto the fund indefinitely, continuing to contribute, thus lowering my average cost.

2. Cash out and reinvest the money in my brokerage account. I am not sure though if there is a penalty for me cashing out since I have sustained a loss. Anyone know?

3. Roll what is left into a different IRA account (either my wife's or a new one for myself).

We are not talking about an extraordinary amount of money here, and whatever I do with this money is not going to break us financially. I just feel there are better long term alternatives out there than what I am currently in.

Thanks in advance for any input.

Porthole.