"Buy low, sell high"-- that's all I really know about engaging in the stock market. As of now, I'm too uneducated to start buying individual stocks, but I need to get a retirement account started some point in the near future. Note, this would be an individual account. The company I work for doesn't provide any sort of match. I want to invest in a green portfolio (no fossil fuels).
1) Do I just get a Roth IRA set up in the next few days because it's a long-term account and max it out for 2018, or should I wait a bit (few months?) to see what happens with the US economy and get in when stock market value is potentially lower?
2) Should I even get retirement going if I'm looking to buy my first house in the next 5 years? Maybe having cash on hand (= better for a larger down-payment) that will reduce my future mortgage interest rates would actually save me more $ than I would accrue in my retirement?
It has occurred to me that I may be conflating the stock market and ["safer"] retirement accounts. I am only in the beginning of my financial education journey, and any advice is appreciated.
Submitted December 23, 2018 at 08:56AM by feelgoodfred http://bit.ly/2RjiGh6
