Any Financial planners as members?

[scottkoz20]

I have a couple questions that I'd love to bounce of a member or 2 that is involved in finance; I'll ask them publicly but I can get into more detail privately.


1) I'm looking to start either a IRA or a brokerage account. Not sure which would be better. I know I'd have to worry about capital gains/losses with a stock account, but other than that I'm rather novice. What other tax implications do I need to be aware of?

2) I have a pension with my current employer that starting on 1/1/2015 I'll have the option to buyout (merger related). I'm 20-25 years, realistically, away from retirement and appears not to be growing any further after this year. What are some of the factors I need to consider if I want to take the buyout or let it ride to retirement?



Thanks,
Scott

[jibron86]

i don't now anything about "IRA or a brokerage account" but i do know it is a good time to buy gold & silver.

thanks

[shrewsbury]

There are so many factors to look at.

Who does your company use for a pension? what type of pension is it?

what are your goals for investing?

what type of risk are you comfortable with?

I would not buy gold or silver, it fluxes based on the dollar, and in no way is a sound investment, unless you are thinking of a doomsday type of senario.

most true investing can have a portion based on gold and silver, the dollar, stocks, binds, and the like. again it depends on your comfort level.

do not go in blind!