Here are three common investing mistakes to avoid making right now. If you're looking at your portfolio and seeing it decline, it's easy to become a bit anxious and wonder whether you should be investing right now. Not using a Roth IRA if you're eligibleIf you're eligible to contribute to a Roth IRA, you should take advantage of it before investing in your regular brokerage account. The major benefit of a Roth IRA is that your money grows tax-free, and you can take tax-free withdrawals in retirement. You should avoid it, but if you need to access some of the contributions to your Roth IRA, you can do so without any severe consequences.

Source: The Guardian June 03, 2022 13:52 UTC