An Investing Story With a Big Lesson

Long Term Investing Advice-A Secret Investing Story Revealed

While performingthe quarterly portfolio updates for our family’s holdings, I compared the balances in El Carino and my Roth and Traditional IRA’s. We started contributing toour Traditional IRA’s in the 1980’s andswitched toRoth’s when they were established by the Taxpayer Relief Act of 1997. Since we eachcontributethe maximum amount, I have a competition between our accounts.

In fact, this little competition has been a secret until...