My I.R.A.Gains and looses money, is there something else I can do with this money?

Question

Is there a more secure investement, that I can transfer to?

and why I cant take a deduction for the money loss? My continued gain is taxable is not fair

Answer 1

The object of your IRA is to save for retirement. That being said when will you retire? If you are younger than 30 then you should be buying stocks and mutual funds. As time is on your side. As you get older and hopefully as your portfolio grows you will slowly start transfering your wealth into Munis, T-Bills, Blue Chip stock funds, Cash, etc.

Also what type of IRA do you have Roth or Traditional?

All the Gains in the Roth IRA are Tax Free, and In a traditional account they are deferred until you start taking distributions.

Sd guy

Answer 2

You do not pay gains on your IRA until you cash it out, this is the same reason you cannot take a deduction for the loss as these are just "paper" losses or gains.  An IRA is a retirement vehicle so you need to look at the rate of return over the longterm, 20, 30 40 years depending upon how old you are, not what it does on a quarterly or annual basis.  You don't say what type of investments you hold, this may be a factor as well.