Comments on: Starting my Roth IRA http://www.fiscalmusings.com/2007/04/starting-my-roth-ira.html Sat, 22 Nov 2008 09:26:18 +0000 http://wordpress.org/?v=2.3.1 By: Weekend Edition: A Few Notables | Fiscal Musings http://www.fiscalmusings.com/2007/04/starting-my-roth-ira.html#comment-687 Weekend Edition: A Few Notables | Fiscal Musings Sat, 23 Feb 2008 22:17:04 +0000 http://www.fiscalmusings.com/2007/04/starting-my-roth-ira.html#comment-687 [...] As some of you might know, I have my Roth IRA with Scottrade. I’m not going to go over how and why I started it right now since I’ve already covered it, but they have finally made a change that I’ve [...] […] As some of you might know, I have my Roth IRA with Scottrade. I’m not going to go over how and why I started it right now since I’ve already covered it, but they have finally made a change that I’ve […]

]]> By: Fiscal Musings » Blog Archive » The Roth IRA Re-visited http://www.fiscalmusings.com/2007/04/starting-my-roth-ira.html#comment-345 Fiscal Musings » Blog Archive » The Roth IRA Re-visited Tue, 29 Jan 2008 00:30:00 +0000 http://www.fiscalmusings.com/2007/04/starting-my-roth-ira.html#comment-345 [...] you may want to go back and read Answering a Reader’s Question, Best of the Roth IRA, and Starting My Roth IRA. The options are plentiful when you’re looking into setting up a Roth IRA, but the benefits [...] […] you may want to go back and read Answering a Reader’s Question, Best of the Roth IRA, and Starting My Roth IRA. The options are plentiful when you’re looking into setting up a Roth IRA, but the benefits […]

]]> By: limeade http://www.fiscalmusings.com/2007/04/starting-my-roth-ira.html#comment-128 limeade Wed, 16 May 2007 22:26:00 +0000 http://www.fiscalmusings.com/2007/04/starting-my-roth-ira.html#comment-128 Check out this new post where I tried to share a few ideas to help you out:<br/><br/><a HREF="http://fiscalmusings.blogspot.com/2007/05/answering-readers-question.html" REL="nofollow">Answering a Reader's Question</a><br/><br/>-limeade Check out this new post where I tried to share a few ideas to help you out:

Answering a Reader’s Question

-limeade

]]> By: Anonymous http://www.fiscalmusings.com/2007/04/starting-my-roth-ira.html#comment-127 Anonymous Wed, 16 May 2007 07:07:00 +0000 http://www.fiscalmusings.com/2007/04/starting-my-roth-ira.html#comment-127 Any advice for newbies on how to pick what you'll invest in with the IRA, especially for those not savvy with stocks, etc.? Any advice for newbies on how to pick what you’ll invest in with the IRA, especially for those not savvy with stocks, etc.?

]]> By: limeade http://www.fiscalmusings.com/2007/04/starting-my-roth-ira.html#comment-30 limeade Wed, 04 Apr 2007 21:59:00 +0000 http://www.fiscalmusings.com/2007/04/starting-my-roth-ira.html#comment-30 Ultimately you need to do what is most comfortable for you. If you read the prospectus' of mutual funds though, you will find that there are fees just for having them. You can find no-load mutual funds but read the fine print and then see what you think.<br/><br/>It's also a matter of opinion and not fact that mutual funds are less risky. I have never seen a mutual double in value in a year or even in 4 years. I have seen individual stocks double in less than a year (check out the last year for Jack in the Box). I actually look at a companies financials before I buy it instead of blindly trusting a fund manager. You can decide for yourself what method carries the most risk for you. Ultimately you need to do what is most comfortable for you. If you read the prospectus’ of mutual funds though, you will find that there are fees just for having them. You can find no-load mutual funds but read the fine print and then see what you think.

It’s also a matter of opinion and not fact that mutual funds are less risky. I have never seen a mutual double in value in a year or even in 4 years. I have seen individual stocks double in less than a year (check out the last year for Jack in the Box). I actually look at a companies financials before I buy it instead of blindly trusting a fund manager. You can decide for yourself what method carries the most risk for you.

]]> By: Sherry http://www.fiscalmusings.com/2007/04/starting-my-roth-ira.html#comment-29 Sherry Wed, 04 Apr 2007 18:01:00 +0000 http://www.fiscalmusings.com/2007/04/starting-my-roth-ira.html#comment-29 I agree, Fidelity and Vangaurd are our favorites. No charge for contributions and a low yearly maintenance fee. Mutual funds are less risky than buying individual stocks and no brokerage fees to pay. I agree, Fidelity and Vangaurd are our favorites. No charge for contributions and a low yearly maintenance fee. Mutual funds are less risky than buying individual stocks and no brokerage fees to pay.

]]> By: frugal zeitgeist http://www.fiscalmusings.com/2007/04/starting-my-roth-ira.html#comment-28 frugal zeitgeist Wed, 04 Apr 2007 00:30:00 +0000 http://www.fiscalmusings.com/2007/04/starting-my-roth-ira.html#comment-28 It's also super-easy to do this via any of the major mutual funds. Contributions can be spread out over any number of funds, so going this route doesn't mean concentrating risk all in one sector or fund type. It’s also super-easy to do this via any of the major mutual funds. Contributions can be spread out over any number of funds, so going this route doesn’t mean concentrating risk all in one sector or fund type.

]]>