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Reply to "I am poor but want to fund my Roth IRA but am worried about the economy"
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[quote=Anonymous][quote=Anonymous]Kid can put own money in theirs but 529 might be better. What kind of investments are in your Roth? How risky? Are you diversified?[/quote] I have a small 529 for the kid as well, and I was putting “my” money into the kid’s Roth, while he spends most of his but also helps me out some (more of a symbolic gesture). I figured I could spend some of my Roth on his college if need be (but he should be pretty well covered by grants). [/quote]
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