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re: Roth IRA Questions
Posted on 7/16/14 at 1:43 pm to ItsThatDude12
Posted on 7/16/14 at 1:43 pm to ItsThatDude12
you will do well to educate yourself either way, the fees and costs of many funds can be high.
opening an account somewhere should be reasonable.
I have been with merrill lynch and edward jones in the past until I discovared Vanguard through its founder's books. He invented the low cost index fund. costs do matter very much. Fidelity and swabb probably offer low cost funds only because of the success of vanguard. Skip years of high fees and wrong turns and just keep things in a low cost, broad market based index fund and be content such as the Total Stock Market Index fund and similar bond fund to suit your risk tolerance.
opening an account somewhere should be reasonable.
I have been with merrill lynch and edward jones in the past until I discovared Vanguard through its founder's books. He invented the low cost index fund. costs do matter very much. Fidelity and swabb probably offer low cost funds only because of the success of vanguard. Skip years of high fees and wrong turns and just keep things in a low cost, broad market based index fund and be content such as the Total Stock Market Index fund and similar bond fund to suit your risk tolerance.
This post was edited on 7/16/14 at 1:44 pm
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