- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Roth IRA's
Posted on 2/10/13 at 6:36 pm
Posted on 2/10/13 at 6:36 pm
I am opening up a Roth IRA with Fidelity this week. How much does your money grow over years? I plan on putting the required amount and some each month in it.
Can someone fill me in? Is there another investment opportunity I should look into also? I have a 401k as well...
Can someone fill me in? Is there another investment opportunity I should look into also? I have a 401k as well...
7
Posted on 2/10/13 at 6:41 pm to Too Frat To Care
quote:
How much does your money grow over years?
Posted on 2/10/13 at 6:48 pm to Too Frat To Care
quote:
Can someone fill me in? Is there another investment opportunity I should look into also?
A Roth is not an investment that promises a certain level of return - it is a type of account that shelters you from taxes.
You can buy stock XYZ in either a Roth or a regular brokerage account, the difference is the tax treatment. But XYZ will do whatever it will do either way.
Posted on 2/10/13 at 7:25 pm to Too Frat To Care
quote:not sure if serious
How much does your money grow over years?
Posted on 2/10/13 at 7:34 pm to jimbeam
Question, where is a good place to start a ROTH IRA?
Scott Trade...?
What particular Roth we be a good middle of the road acount to start?
I have a 401K at work but I am looking to put money in something seperate from my job...
TIA
Scott Trade...?
What particular Roth we be a good middle of the road acount to start?
I have a 401K at work but I am looking to put money in something seperate from my job...
TIA
Posted on 2/10/13 at 7:35 pm to Too Frat To Care
depends on the return you get on your investments homey. just pick some mutual funds that keep you diversified, actually pick some index funds that mirror the S&P, Dow, etc. that way your return will always be around the market average.
Posted on 2/10/13 at 8:13 pm to Springlake Tiger
OK, that make sense.
I am looking into start with someone like T Rowe Price or Vanguard, looking at Fidelity also.
Just looking for a basic, no non-sense account. Do these three fit the bill?
I am looking into start with someone like T Rowe Price or Vanguard, looking at Fidelity also.
Just looking for a basic, no non-sense account. Do these three fit the bill?
Posted on 2/10/13 at 8:52 pm to Reubaltaich
I have mine with Scottrade and I'm pleased. You should figure out how you want to invest your money first. If you are just looking to put money away and not think about it I'd look at a target fund. If you decide you want to invest in a Vanguard fund, open your Roth with them. If you're looking to actively manage your account you could look at Scottrade.
Posted on 2/10/13 at 9:24 pm to Too Frat To Care
quote:
How much does your money grow over years?
Posted on 2/11/13 at 9:51 am to Reubaltaich
quote:
What particular Roth we be a good middle of the road acount to start?
What do you mean exactly?
Posted on 2/11/13 at 9:52 am to Reubaltaich
quote:
What particular Roth we be a good middle of the road acount to start?
I have an IRA with etrade (traditional)
But you could set up a roth there
I've had good customer service with them
Posted on 2/11/13 at 10:02 am to Too Frat To Care
quote:
How much does your money grow over years?
Well, if you shift your resources away from Evil Enterprises and towards Starbucks, you could increase your profit 5 fold, we could make trillions.
Posted on 2/11/13 at 4:55 pm to Too Frat To Care
I'm in an total index fund and a couple of balanced funds at Vanguard. I'm happy.
You can only contribute $5500 per year, but it will be very nice to have tax free savings when you retire.
Does fidelity have funds to choose from? If so, which were you considering?
You can only contribute $5500 per year, but it will be very nice to have tax free savings when you retire.
Does fidelity have funds to choose from? If so, which were you considering?
This post was edited on 2/11/13 at 4:59 pm
Posted on 2/11/13 at 5:10 pm to dewster
Thought it was 5k
Posted on 2/11/13 at 5:26 pm to dewster
quote:
Does fidelity have funds to choose from?
Plenty from many sources. You can almost certainly buy Vanguard funds with them, for example. Vanguard gives you a slightly better deal if you have your account with them but it isn't by much.
Posted on 2/11/13 at 5:29 pm to jimbeam
quote:
Thought it was 5k
In 2012, yes if you are under 50 and 6K if over. In 2013 it goes to 5500.
Posted on 2/11/13 at 7:29 pm to foshizzle
Gotcha 
Posted on 2/12/13 at 8:41 am to foshizzle
quote:
You can almost certainly buy Vanguard funds with them, for example. Vanguard gives you a slightly better deal if you have your account with them but it isn't by much.
Sounds good.
I've never been impressed with their target funds, but other than that, I think they have a decent selection. Their fees are lowered if you go paperless as well.
This post was edited on 2/12/13 at 8:43 am
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News