It is nearing the April 16th deadline to max out your 2006 IRA limits so you need to consider what your strategy will be for the investments you make.
Consider these points when investing:
- Retirement usually means a long investment time-horizon
- You IRAs are not the place to be speculating
- Diversification and rebalancing are essential to your retirement portfolio
- Fees can eat up returns of your investments
- Max out your IRAs because the longer you have money invested the more time coupound interest takes effect with the Rule of 72.
Kiplinger has some interesting ideas on mutual funds that go hand-in-hand with your IRA.