Re: question about investing IRA or saving towards Downpayment for hou
Funding the Roth would probably be the way to go if you can get a short term lease. Tax-free compounding for decades is typically the answer when faced with this decision.
What makes this even more weighted toward contributing to the ROTH is the fact that you are willing to find a short term lease to wait and save up to get back to your desired downpayment.
Most believe that the housing market will stagnate through the next 9 months. If you wait, you can probably get a much better deal on a home when the market is flooded in the late spring selling season.
As for the posters saying you can take money out of your ROTH, this is true. Buy I'm not sure why you would want to do this when you have the means to save up for a downpayment.
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