ROTH!!! So now it has finally hit me that tax FREE is tax FREE forever. And that boys and girls is a great thing. Funny how as I get older the idea of death and taxes seems.. I don't know what the word is?? REAL.
$4k is what can be thrown into an account this year and everything that it earns is tax FREE when you start to take it out. There are some strings about age and income levels and such… so read up before you put money anywhere.
But really folks if it is inertia keeping you from reading and learning and then investing read up. There are about a million web sites that can point you in the right direction. My only desire today is merely to light that fire. Did you learn something new today? If not then the ROTH IRA basics would be a good trade of your minutes. The new knowledge could be worth thousands down the road.
That's it for today. As always, keep your eyes on your Everyday Money.