Tag: IRA

A week and a half ago, I told of the first action taken in this time of supposed economic doom and gloom: I cashed out my IRA. Crazy enough, right? [This actually had logic to it: it was losing value, so rather than let it lose that value to the market, I chose to have…

This past week has brought all kinds of doom and gloom regarding the economy, much of which is greatly exaggerated by the media. (For example, on the “Black Monday” of 1987 that hardly anyone even recalls, the Dow dropped 26% in one day, while this week we’ve seen 5-8% drops. Perspective, people, perspective.) But this…