 I'm in college, and want to invest $1000? |
| I am thinking along the lines of an ETF, any suggestions? Also, which brokerage service do you recommend? Etrade? Schwabb? Thanks.... |
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 I want to start buying stocks...? |
| I already have a IRA, a Roth IRA, a savings account that pays 4.5% and a checking that pays 4%. Once I am able to participate in my employer's 401(k) I will start that, also I will be able to ... |
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 If $100,000 dollars fell out of the sky and into my lap? |
what would be a good idea to invest it in, and why?
Thanks.... |
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 US Currency Devaluation? |
I have been following closely the US currency and as everyone can see, the US currency has fallen against most major currency including the Euro, Yen, Renminbi and even the Canadian dollar.
... |
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| I've heard of diversifying and that some investments (like savings accounts and CD's) simply earn interest and are supposedly completely safe, particularly if FDIC insured, but I know ... |
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 Stock investing question? |
| I asked a question this morning about investing in stocks. Someone answered buy some good companies like GE, Walmat and Staples etc and then dont touch them or look at them for 20 years. I am new to ... |
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 What can i do with 100$? |
i got some money i saved, its not much- its just like 100-200$ i can spend.
what can i do with it to gain more?
should i invest it? buy stocks? is it possible to invest 100$ and get more ... |
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 Trading Forex--is 100% gain in one year possible? |
This blog claims it is possible, trading only with $8.
http://100percentforexch
What do you think?... |
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 The Worlds Best Stock Question? |
I put $3000 into an online discount brokerage. I currently have all the money in 6 stocks with 10-15 shares in each stock.
1. When I put more money into the account is it better to buy ... |
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 Options... Do they have to reach the strike price before you sell the option? |
If you don't want to exercice the option to buy the stock, do you still have to hit the strike price before the expiration date to make a profit?
For instance, if I buy a YUM (YUM B... |
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 Is technical analysis of stock charts still relevant? I think not.? |
| It seems to me that Technical Analysis is not worth very much and can not be used to make consistent profit trading. Hedge funds and money managers that use quant methods aren't looking at ... |
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jean | IRA Contributions? |
If I make $8000, can I put money in both IRAs, traditional and roth? Is the $4000 limit total or each? thanks |
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Doing the Right Thing
 |
You can only contribute $4000/year into all IRAs you own. You may contribute more, but you will owe taxes on anything above $4000 limit.
If you have a non-working spouse, you may setup an IRA for him/her and put in $4000 there for a total of $8000. |
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Yada Yada Yada
 |
Wow, people take so many words to answer a simple question.
Here's your answer. It's $4000 total per year. Mix/match it any way you want. I'd recommend $4000 into a ROTH IRA, but it's your choice.
Hope that helps! |
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Ubiquity
 |
Put it all in a roth. No point deferring taxes, as you barely pay them now and will most likely be making a lot more later on. You are also pretty young so you can gte a lot of tax free growth using the roth.
The total is $4k total.
Note, a full-time student cannot contribute to an IRA. |
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Master M
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The limit is in total. You may only contribute $4000.00 to IRAs at your income level whether you are covered by an employer plan or not. |
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besthusbandever
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you can only put away $4000 per year, you can't put a total of $4000 into both accounts, that would be $8000. you should put it all in a roth ira, it is tax free forever after that, even when you use the money, and you can, at any time, take out your contributions without any tax or penalty, what you can not take out is your earnings without a penalty until you are around age 60. if you are a good saver and try to put money into an ira each year, someday you will have a huge pile of money. a better way to invest money is to let a mutual fund comany take money directly out of your checking account once a month and put it in your ira account. don't open an ira at a bank and put it in a cd or something like that, open it up with a mutual fund company. call Vanguard and they will help you set it up, just a few forms to complete. |
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Rabbit
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Here is what the IRS says about IRAs of both stripes. With your income, you seriously can't afford to max out both, even if it were permitted. |
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Daniel B
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Yes as long as they don't exceed 4,000 between all the accounts combined. |
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