Thread: stocks for ira
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Old 06-27-2000, 10:25 PM
Lazer Lazer is offline
LawnSite Bronze Member
Join Date: Jan 2000
Posts: 1,446
It's an IRA!<p>You can only put in 2000.00/year, 4000 with your spouse and you don't take it out until 59+.<p>I started when I was 24 and our IRA's have done well, but it's still too little money to buy individual stocks. <p>Buy funds, you pay the fund management +/- 1% to pick and trade those stocks for you. You think you can beat these top fund managers over 30+ years? I doubt it.<p>Don't get me wrong, I do have an ameritrade account that I trade with, especially during the off-season, but I leave my retirement with professionals.<p>American, Janus, Kemper, Franklin Templeton and other fund families are all good investments.
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