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Rate cuts and IRA
I am 21 years old and have a Roth IRA that I've been pumping money into for 3 years. Last year, I reached $10,000 with $7,000 net investment, but after the crash and recession, it leveled back to $7,000. This is to be expected with my aim directed towards long-term gains. With another impending rate cut, how will this affect my investing trends? Should I wait until the cut is made before investing another $3,000 into it, or should I invest the money before the cut is made?
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