Sell-off complaint

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[Post New]04/11/2014 15:16
quote
Anonymous
Of course I contributed to my 2013 Roth on Wednesday afternoon. Yeesh.

As you were.
[Post New]04/12/2014 06:34
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Anonymous
It was clear the market was about to fall. I waited until then to invest.
[Post New]04/12/2014 15:50
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Anonymous
Recharacterize it to an ira. Wait 30 days and re-convert it. If the market stays low for 30 days you will windfall.
[Post New]04/12/2014 19:23
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Anonymous
Anonymous wrote:Recharacterize it to an ira. Wait 30 days and re-convert it. If the market stays low for 30 days you will windfall.


Nooooooo (if you have other IRA-type assets). Google the "pro-rata rule." Do not do this without profesional tax advice.
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