Submitted by Mariana on Fri, 2009/10/23 - 16:13.
How has your IRA been doing lately?
For those who have retirement accounts comprised entirely of stocks, bonds, or mutual funds, many saw declines as steep as 40% last year. The drop was abrupt and caught many off guard. Some companies, particularly those in the financial sector, lost up to 100%. Luckily the markets have been inching back up lately, which offers investors an excellent chance to diversify out of strictly paper investments.
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