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| if you are only on year 3 and young, stay with it and keep putting the 5500 a year in for as long as you can afford it. A drop in the stock market just means you are averaging down if you are going to keep on buying. If you want to jump in and out and are concerned about short term market moves, don't use an IRA. Instead, just buy individual stocks or the vanguard s&p look alike fund (very cheap fees) and dump them when you get skittish. As far as i know you will get dinged pretty good for pulling out of an IRA before you are retirement age. I am young as well... have a mix of pre and after tax retirement and stock trading accounts. I dont even look at my 401k/IRA quarterly reports other than a quick glance to see how i am doing and re-balance once a year. Retirement investing is a long term and very boring affair and a completely different beast than trading stocks, imho.
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Question for the group
