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re: Beginner's Tactics for Investing - Young and Self-Employed

Posted on 6/24/14 at 9:34 am to
Posted by bayoubengals88
LA
Member since Sep 2007
19745 posts
Posted on 6/24/14 at 9:34 am to
Yes, you get a Roth IRA. Thats a must.
Vanguard is probably your best option for an IRA.
You can open with with as little as $1,000 depending on which fund you chose, but most require a $3,000 initial investment.

Most will tell you to select a mutual fund comprised of 80-100% stocks.

IRA through Vanguard


Vanguard funds
This post was edited on 6/24/14 at 9:35 am
Posted by GaryMyMan
Shreveport
Member since May 2007
13498 posts
Posted on 6/24/14 at 1:24 pm to
This is exactly what I wanted to hear and needed. I've been out of school three years and have been throwing everything at student loans but then had the epiphany that even though they're at 6.8%, they're easily manageable and I'm missing out on years of interest by not investing.
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