Today’s poverty post will be devoted to Bossy’s IRA, the IRA Bossy’s accountant Brian Dennehy told her to get in lieu of paying off her low-interest credit card. Shall we begin?
You may notice some empty space. That’s because Bossy has not yet secured herself an IRA. Anyone care to explain to Bossy what’s up with that?
Cat saysMarch 16, 2009 at 8:27 am
I have had an IRA ever since they allowed unemployed housewives to have one. I had built up quite a little nest egg, but in recent months, I’ve lost about half of it. I don’t even open the statements anymore. I just file them into the “I can face it right now file”.
BH saysMarch 16, 2009 at 9:33 am
Good Morning Bossy…
Said IRA will be purchased (purchased?) when we file our taxes…
In a couple of weeks…
Have to see, after the taxes are paid, what we can start with…
Keetha saysMarch 16, 2009 at 10:28 am
I think it’s impressive you’re even tossing around terms like “IRA” and such. You go.
Meg saysMarch 16, 2009 at 10:37 am
I can explain. You wanted to spare yourself the shock of
seeing an IRA go from six figures to five, as I recently discovered when filing my taxes.
Clearly, you didn’t take Brian Dennehy’s advice, because shrieking and moaning over a dumb account is just unbecoming to Bossy’s style.
TED saysMarch 16, 2009 at 10:39 am
I got my IRA through Vanguard because they made it the easiest to open one online. I’ve subsequently learned that they have among the lowest fees. I’ve been very happy with them, except for that whole thing where it’s worth 60% of what I put into it, but that’s true for almost everyone these days.
Jenn @ Juggling Life saysMarch 16, 2009 at 10:42 am
I had this conversation with the gal that does my nails–she and her husband, both hard-working Vietnamese immigrants, have been putting all their money into CDs over the years. Not a very smart strategy unless the economy collapses.
David saysMarch 16, 2009 at 12:42 pm
My dad started me on an IRA when I was fresh out of college and I took over the annual contributions when I hit my mid-30’s and actually had a job that paid enough so that I no longer had to dumpster dive for furniture.
I make my contribution annually on 4/15 so I assume that is when Bossy will initiate hers. Right?
dgm saysMarch 16, 2009 at 9:44 pm
You’re getting your own Irish Republican Army? You always struck me as a more peaceful sort.
Molly saysMarch 17, 2009 at 9:08 am
For the last 5 people besides me who didn’t know you could make your own cleaning products, see my post today! Easy on the wallet, and can be easy on the environment, too 🙂
The Cheap Chick saysMarch 17, 2009 at 9:19 am
Once again, the thought of doing my income taxes has sent me scuttling into a hole to hide. Much like a mouse.
janny226 saysMarch 17, 2009 at 9:46 am
Ira, isn’t he that guy down the hall who.. oh, wait, never mind.
Say What? saysMarch 17, 2009 at 3:54 pm
Everyone needs an IRA!
Whether it is Ira the guy down the hall, your own Irish army (good drinking buddies) or something to keep track of how fast you lose your money – go get one.
I think I have one, actually I may have more than one. All these envelopes come to the house with my name on them and I turn them over to the husband. Not because I don’t understand them, but because they bore me silly!
But my Irish drinking buddies, met them yesterday for a pint o’Guinness!