Save cash or max Roth IRA out first?

[Sean Rafferty]

What would you do if:

1. Just getting started in REI

2. Don't have a huge cash reserve (<$10K)

3. I don't currently have an IRA nor do I have any 401(k) funds I'm currently able to roll over

Vote simply "Cash" or "IRA" . Feel free to explain why (but not necessary)

I'm guessing just keeping it liquid and uncomplicated is best at this point. If you agree, at what point would you consider contributing to an IRA? (assuming I retain my job and can't touch my 401k, I am planning on borrowing from it for REI - I can borrow up to 50%)