Message:

<p>[QUOTE=&quot;Cloudsweeper99, post: 342486, member: 3011&quot;]My guess is that you have been reading too many gloomy articles.&nbsp; If your mutual funds are equity oriented and your view is long term you&#039;ll probably be fine unless you have been unfortunate enough to choose unwisely.&nbsp; But if you liquidate the IRA, you&#039;ll pay ordinary income tax rates plus 10% on the proceeds.&nbsp; Then you will put it into something like gold coins with a high bid/ask spread that might cost you another 10-20% when you cash out.&nbsp; Then assuming you even make a profit, it will be taxed at collectible rates that I believe are 28%.&nbsp; Add all of that up and you probably will lose more in taxes, spreads and fees than you&#039;ll lose by doing nothing.&nbsp; But it&#039;s your choice.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in