In this episode, David answers the question: Should you have an IRA? The answer may surprise you.

The former "charter member of the IRA," which he got into when Ronald Reagan started the program in 1980, says that if he had it all to do over again, he would consider going with only two types of individual retirement accounts : the Roth IRA and an employer-matching IRA. He also recommends stock trading accounts.

His book, Ask the Mailman: A Simple Plan of High Yield Stock Investing for Uncommon Wealth, is available on askthemailman.com and Amazon.