Contribute to your IRA now, so your money can work longer


ALTHOUGH YOU can make 1999 IRA contributions until April 17, make them now to take fuller advantage of the tax-free growth of IRAs, advises "Moneyline News Hour."

"Congress may raise the amount you may set aside in a 401(k) retirement plan. One proposal allows increasing an employee's maximum deferral from $10,000 to $15,000 a year." (Ellin & Tucker newsletter)

WALL STREET WATCH: "Stocks [are] still overvalued; conditions ripe for the market correction to continue." (Sung Won Sohn, chief economist, Wells Fargo & Co.)

"Economy remains healthy, earnings growing, no inflation to worry about -- shake all that up and you have a bull market." (Alfred Goldman, strategist, A. G. Edwards & Sons)

"With fundamental, technical and monetary conditions negative, the market has entered an eight-10 week period of high crash risk. We're in a new bear market." (Hussman Econometrics, Ellicott City)

"A 'sell' discipline is critical. You must cut your losses. Most investors ride wild declines until they can't stand it any more and sell for large losses." (Dick Davis Digest)

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