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?

Since a Roth IRA is a longterm savings vehicle, I would wait a few days until the rates are cut if you feel that they will effect your investment.

Don't try to time the market. You never know how the market will react to rate cut news, or any other news for that matter.

Since your investment objective is long-term, just invest the money you've got now, and don't worry about it.