Help
I’m 62 and on SSDI. I have a rollover IRA brokerage account with Vanguard. I can’t afford to keep losing money. I started my rollover with $50,000 and am down to $40,000. Recommendations?
Terry Says
I don’t know how much farther the market will go down. Right now, you are down about 20% — exactly matching the market decline.
You can call them in the morning and ask them to move half your money (or more if you’re really scared) into the government securities money market mutual fund.
That way half will be safe!
You may miss a big upside if this tariff situation gets resolved quickly. But I’m not counting on that.
