Legal Issues Entangle Roth IRA Contri...

Legal Issues Entangle Roth IRA Contributions -- Courant.com

There are 1 comment on the Hartford Courant story from Sep 2, 2007, titled Legal Issues Entangle Roth IRA Contributions -- Courant.com. In it, Hartford Courant reports that:

Q. Friends who are 701 2 are receiving their minimum distribution and investing each year in a Roth IRA even though they don't have any earned income.

Join the discussion below, or Read more at Hartford Courant.

Outtanames

Kissimmee, FL

#1 Sep 2, 2007
Any idiot can give a pat answer of diversification under all conditions and at all costs,

If you live in a particular state, and you want to minimize risk, why would you want to buy bonds of another state, just because they have a higher yield?

Given that risk and reward go hand in hand, wouldn't that by definition increase your risk since you may not be as knowledgeable about another state and you may not be as able to determine whether conditions have ocurred which negatively affect the value of your investment?

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