Anybody have an IRA?

[Marthe48]

What would you do? I have a small IRA and it got hit bad last time. It just came back strong this summer and I hate to lose those gains. I'm over 60, so that helps.

[Incitatus]

1. I'm not an expert but if we do crash, selling at the low is a bad idea.

If you are able to sell at current value and then the market crashes, it would be a good time to buy. I'm expecting a default to be averted, but perhaps I underestimate the stupidity of some members of Congress.

I don't know what I would do in your position. I would be a little uneasy too.

[Marthe48]

3. I still contribute

so if the market drops, I'd have less value, but could buy more shares with my contribution and hope things turn around.

[Marthe48]

4. thanks :)

[elleng]

2. Hold it.

If it came back once, it will do so again. NEVER a good idea to sell low. IMO. I'm also over 60.

[Marthe48]

5. Thanks!

nt

[Mz Pip]

6. That's what we're doing

I certainly don't like this but maybe the financial backers of the GOP will start making some serious phone calls. Letting this go or much longer is going to cost a lot and not just for the little guys like us.

[Marthe48]

9. I agree

All the drama makes us anxious and I'm so tired of it.

[MrMickeysMom]

7. Yes, I and husband do...

I've been pretty stable with it, and I find that the best information and guidance I've ever had was from Vanguard

https://personal.vanguard.com/us/home?fromPage=portal

[Marthe48]

11. Thanks!

I don't do much hands on, but Janus has been good for me.

[The Velveteen Ocelot]

8. Just hunker down and hang on.

That's what I'm doing, anyhow, and my situation is the same as yours.

[Marthe48]

10. Best of luck!

Luckily, we are saving it for a rainy day, and if it does shrink, it might come back, again.