Net Worth Challenge

I just made my 2nd contribution into my Roth IRA this afternoon. I had planned on making the purchase during the last week of February, but didn’t get around to it during the hustle and bustle of preparing for the purchase of our new property.

I exchanged money from our money market account into my Roth IRA account to make the purchase. I plan on making the purchase for my wife’s account in the upcoming days. Both of us had planned on accelerating our purchases during the first part of the year. Up until last week that would have sounded like a great idea. With the recent performance of the stock market, however, it might make sense to spread out our purchases equally throughout the year.