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Back on top!

September 18th, 2007 at 05:16 pm

Great news...our Roth's have finally made money again!

DH and bought our Roths a couple weeks before the market tanked this last time. It's been hovering around our purchase price, but today's been the first day that we've ended the day ahead in about 3 months.

Now I'm fully expecting them to have end down tomorrow, but hey, for now we are in the black!

2 Responses to “Back on top!”

  1. fern Says:

    You don't really "buy a Roth," because an IRA or a Roth IRA is really just a label that's put on the underlying investment. Depending on your choice, you could have your Roth IRA money in a CD or invested in a mutual fund.

    The Roth IRA label just refers to the tax treatment of that money. It's not the actual investment itself.

  2. ktmarvels Says:

    Fern, you are right about the difference between Roths and the investments. However, in our case, the entire Roth consist of one "Target" mutual fund. So I really was commenting that my mutual fund has finally made a profit again.

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