09/02/09 - How IRAs Can Tie Investors' Hands -- and What To Do About It
[Editor's Note: The following article discusses Robert Prechter's view of investment vehicles and government-regulated plans. For more analysis from Robert Prechter, download a FREE!10-page July issue of Prechter's Elliott Wave Theorist.]
It's a blessing and a curse. IRAs, 401(k)s, thrift plans — some of the best ways to save money for retirement (the blessing) can tie your hands when you invest that money (the curse). Most savers didn't recognize the cursed side as the markets generally trended up over the years, increasing their nest eggs' earnings. But after a year like 2008, savers everywhere absorbed the shock that they couldn't protect their retirement savings from a bear market. Read More.





