If you haven’t done so yet, be sure to make your 2008 IRA contribution before April 15! With stock prices at the lowest prices in over a decade, fully funding your IRA for 2008 (and 2009) could mean a great head start in saving for tomorrow.
I know that times are difficult. Most people buy high when market hype is at a peak, but refrain from investing when things seem difficult. But remember that the goal is to buy low and sell high! If you have an IRA, make sure to fully fund it. If you don’t have an IRA or Roth IRA, there is no better time to get started.
Don’t forget that you have until April 15, 2009 to make your contribution for 2008. If you have maxed out for 2008, you can start chipping away at 2009. Cross it off your to-do list. The current recession that we are experiencing will not last forever and chances are that someday in the future, you will be glad that you contributed when you did.
Wishing You Wealth in all its Greatest Forms,
Alex
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