wubbles comments on The Rational Investor, Part I - Less Wrong

-2 Post author: wubbles 30 May 2013 12:32AM

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Comment author: wubbles 30 May 2013 11:04:59PM *  0 points [-]

No, IRA's avoid a tax which the other investments don't, so money in an IRA is worth more than money outside. There is a cost, namely you have restricted access to it.

Comment author: 9eB1 31 May 2013 04:28:09AM 1 point [-]

It's worth pointing out that the money you put in there can still be held in a money-market account or similar, and that it acts as an emergency fund because you can withdraw it or take loans against it, subject to modest penalties.