Funded a ROTH IRA
I had been putting aside some cash to fund a ROTH IRA by the end of the year (I love Vanguard, but the 3K minimum is a bit much…). I decided to scrape up all my loose change and go for it. It will leave me a bit short this month but I can take a short loan from my emergency fund, and then I’ll be done with one of my goals for this year!
Somehow, investing now seems like a really important thing. I think I’m convincing myself that I’m buying at the bottom. Plus it helps to be focusing on getting a bargin and ignoring what is happening to my other investments. And buying a relatively risky investment means that swings in value are normal, so I can just go on pretending things are okay.
I know staying in the market, with the investments I already have, is the right thing to do. This just helps me take my mind off of it.
December 18th, 2008 at 7:30 am
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