
mel
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Here are four major places that you can get them from:
Banks
For this purpose, "banks" include trust companies, savings and loans, and credit unions as well as commercial banks. They often accept relatively small accounts and may charge minimal fees or no fee at all, making them an attractive choice for people who want to start out small. But they'll gladly accept larger accounts! A bank isn't likely to offer as many investment alternatives as a mutual fund company or brokerage firm, however.
Mutual Fund Companies
Mutual fund companies can provide a wide range of investments. You may be able to invest parts of your IRA in different types of funds, achieving the mix that's right for you. Some mutual fund companies make it easy to shift some or all of your IRA from one fund to another when your investment objectives change. Many investors will find that this is the best choice.
Brokerage Firms
Many brokerage firms offer IRA accounts. These are often called self-directed IRAs because they give you the ability to make specific investments for your IRA. Want to design your own portfolio? If so, open an IRA with a brokerage firm. Many brokers make it possible to own mutual fund shares as well as individual stocks.
Insurance Companies
Insurance companies provide IRAs, too. This choice may be appealing if you want to invest your IRA in an annuity or you find some other investment offering of the insurance company attractive. Be sure to obtain unbiased advice before buying an annuity — in other words, advice from someone other than an agent or advisor who will earn a commission on the sale. |
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April N
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well until you get a job, and start a 401k, a must! you can go to these sources. tdwaterhouse.com ingdirect.com sharebuilder.com fidelity.com ameritrade.com vanguard.com
Good choice by the way. |
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Carolyn M
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Fidelity & Vanguard |
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Pk D
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Scottrade has free IRA, you can use self directed mode and invest in any company stock ( 7 dollars per trade on line) or invest in No load mutual fund ( most of them with no transaction fee ). Scottrade has branches, you can visit them to get all information you need or go online www.scottrade.com.
Do research on any company you like in Yahoo Finance. |
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Lianne
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Vanguard |
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troyboy
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depends on what you want to do |
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Discovery Tunnelâ„¢. Super Gay EgO
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go to :
www.businesstodayUSA.com |
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The ~Muffin~ Man
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Good for you! You're a very wise individual - Roth IRA's are an absolute sweet investment. Where else can you invest $4,000/year and have the earnings grow tax free?
I have been investing in Roth IRA's for 5 years now (since I got out of College). I've been doing it with an online brokerage firm...and buying diversified stocks and ETF's with the money.
Good Luck :-) |
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mariana m
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That is a great idea, I love American Funds and Franklin Templeton.
You need to take a test and see what kind of risks you're willing to take and figure out which funds in your risk category are the best for your needs.
Good luck! |
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NunZ7777
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fidelity and t rowe price |
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Richard H
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ScotTrade has a ROTH IRA you can setup to have completely online management of - and there are no inactivity fees if you invest and then let your money sit in it. http://www.scottrade.com |
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chasmo9592
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Check out the American Funds. They are the best! By the way, you're smart to do this.
www.americanfunds.com |
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xpo158
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Hello-
There are a number of ways to answer this. You can invest with a broker such as eTrade or scottrade and you will be able to invest in virtually any mutual fund. OR you can work with a single mutual fund company. The benefits of working with a mutual fund company directly is that you can move in and out of funds without being subject to a new load fee.
Now, as far as mutual fund companies are concerned, I like Franklin Templeton and American Funds. Vanguard has very cheap index funds as well.
Hope this helps! |
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rainfingers
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My favorites: Vanguard has good low-cost mutual funds, and Fidelity has very low cost index funds. You can open a Roth IRA with either or both. |
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sixer
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www.scottrade.com |
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leena
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i like american funds and franklin templeton. |
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