[ QUOTE ]
I'm fairly certain if I put my investment into a mutual fund or some other stock/bond account, I don't have to pay taxes until I withdraw (capital gains at 15% of the money earned) so compounding isn't an issue.
[/ QUOTE ]
A mutual fund will generally throw off taxable capital gains and dividends every year.
[ QUOTE ]
I understand it's tax-free now and all that... but having to hold onto the money until I'm 60 with no leeway for investing it somewhere else (house, business, etc) seems like too high of a price to pay for very little benefit.
[/ QUOTE ]
Your IRA is an asset that you can borrow against!
I've also responded in the
stock market forum with a bunch of links to more info.