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To: Rusty0604

This makes no sense. The Roth IRA is a terrific retirement plan. The only problem is those CDs are paying next to 0 interest, so there’s no “power of compounding” and the funds don’t grow.


23 posted on 01/30/2014 2:34:16 PM PST by grania
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To: grania
The only problem is those CDs are paying next to 0 interest, so there’s no “power of compounding” and the funds don’t grow.

Even if you buy the "only" 2% baloney, price inflation will be compounding.

34 posted on 01/30/2014 2:58:59 PM PST by Stentor (Maybe the Goldman Sachs thing is just a coincidence.)
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To: grania
The Roth IRA is a terrific retirement plan.

That's why the government must kill it.

37 posted on 01/30/2014 3:00:37 PM PST by dfwgator
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