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| Ben, I certainly don't know what to tell you. Of course a lot depends on the risk you want to take and your time horizon on how long before you tap into your IRA.
I have some mutual funds with AIM (not to be confused with AIG) and http://www.MP63fund.com
That said, I'd say the best IRA investment I currently have are 5yr CD's paying 4.5% from 2006 through 2011. The CD's are from a regionally owned bank with local offices.
All things considered, I think your local home-town type federally insured banks are the safest place to invest in this economic climate. You won't get rich. Probably won't even keep up with inflation. But you won't lose your investment either.
Just my 2 cents and worth what you paid. I hope WYDave and some other well versed guys post their thoughts on your question. | |
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IRA
