Hey guys im really confused right now so let me explain my situation. I want to start investing for early retirement. I just turned 19 years old. Every month i probably have an extra 200 dollars plus i have about 1000 i can start investing with. In about a year [...]
Posts Tagged ‘Roth’
What do you think about my ROTH IRA and do you think I should put another Mutual Fund in there?
Posted by admin on May 11th, 2011
I am with Share Builder and have ARDVX in my Roth IRA. I am 26. Should I put another mutual fund in there or settle with this one?
Posted in Mutual Funds News 
Tags: About, Another, Fund, Mutual, Roth, should, there, think 
4 Comments »I want to start thinking about my future, im 22, im looking to invest in maybe a mutual fund, roth ira, CD?
Posted by admin on May 7th, 2011
What are some of the best ways for me to invest my money to retire ealier? I am some what of a gambler so I dont mind the higher risk greater reward investments, Im by no means rich now, but i want to contribute something like $500 a month into somekind of fund, cd, or [...]
Is it possible to convert an mutual fund I bought earlier this year into a roth ira?
Posted by admin on May 7th, 2011
The mutual fund is obviously after tax. I do not have a Roth IRA now but do qualify. This fund has a large turnover and would be a better choice in a Roth so I do not get hammered with capital gains taxes each year. thanks
In an effort to diversify would I be able to pick more than one mutual fund to invest in as a Roth IRA?
Posted by admin on May 3rd, 2011
I know that a Roth is theoretically an envelope that you put your investments in. My question is, what’s the limit? One mutual fund, 3 mutual funds, 10 mutual funds? I don’t really mess with stocks or EFTs, that’s why they’re not mentioned.
I have a company matched 401k, Roth, mutual fund and substantial savings what should invest in next?
Posted by admin on May 3rd, 2011
I am 24 yrs old and have roughly $13,000 in 401k, $5,000 in Roth and $11,000 in mutual fund. I also have $28,000 in savings account earning pennies.. I would like to do something with a portion of this amount in savings but would also like to stay liquid because I will be [...]
Posted in Mutual Funds News Tags: 401k, Company, Fund, Invest, matched, Mutual, next, Roth, Savings, should, Substantial 4 Comments »Are there any Roth IRAs that allow me to have total freedom?
Posted by admin on May 2nd, 2011
Okay, I love the tax advantages of a Roth Individual Retirement Account, but I hate being told what I can and can’t invest MY money in. I could put it in a freakin’ triangular hole in the ground, if I felt like it. But anyway, I’m looking for a Roth IRA that will [...]
Can I leave $1 in my Roth IRA account to avoid a closing fee? Can I jack the man?
Posted by admin on May 1st, 2011
Basically, I have a Roth IRA with a financial services company, Raymond James. I am moving out of their mutual funds and taking it to a lower-cost self-directed service because I’m simply better at picking positions than their mutual fund manages. I was leveraged in some stocks that have tumbled and am still [...]
How does a Roth IRA make you money?
Posted by admin on May 1st, 2011
I know that you don’t have to pay taxes when you retire… but say for example…I contribute $3000 for 30 years… how much approximately could I expect at retirement? … how does it gain money?…interest? mutual funds?..etc??
Saving for retirement as a contractor? (Already have Roth IRA)?
Posted by admin on April 25th, 2011
I am in my early twenties, recently out of college, have a job which pays quite well, though I am a contractor for now, not a direct hire, so because there is no 401k I opened a Roth IRA to begin saving for retirement. However, the Roth IRA puts a limit of 5000 per year [...]
What funds should I invest a lump sum into for my Fidelity Roth IRA?
Posted by admin on April 23rd, 2011
I’m 22 years old. My job doesn’t offer a 401(k). I’ve always been good with money, so I have a good amount in savings. I am looking to put a lump sum into a Roth IRA. I signed up with Fidelity, but I have yet to invest in any particular stock, [...]
Advantages or a Roth IRA over a Traditional IRA?
Posted by admin on April 21st, 2011
So, I’m 26, I make about 75k a year. I have a traditional IRA from work, which gets about 150 per month. I am thinking of opening my own Roth IRA, using a brokerage through which I own some mutual funds. The brokerage has a specific fund that targets my retirement year, [...]
What are the tax consequences from converting a mutual fund to a Roth IRA?
Posted by admin on April 21st, 2011
I have roughly 17k in the after tax mutual fund.
I just opened my Vanguard ROTH IRA, why does my account say I have $0 in balance?
Posted by admin on April 20th, 2011
I just moved my $3000 from my local bank to Vanguard.
1) Do I have to wait on Monday?
2)When do I begin investing?
3) I am 18 year old, gearing toward retirement age, however, I picked Vanguard mutual fund because I am not ready to invest in a particular fund yet. Will I receive assistance on [...]
Excess Contribution to Roth IRA?
Posted by admin on April 18th, 2011
Roth IRA over contribution limits?
I have a Roth IRA that I contribute to on a regular basis. I contributed $5000 in 2010, and invested the balance in agressive mutual funds that performed well in 2010 (~15%). I understand I have the option of paying a 6% penalty in perpetuity (unless I fall below the limit [...]