stocks for ira


LawnSite Bronze Member
Sacramento CA
richard,<br>I buy value stocks, and time the market for corrections. You pay short term capital gains tax but keep hitting the 10-20% gains and out.<p>I tried the long term approach, doubled my money on AMTD and CPQ, only to watch it go away. Short term approach works for me now.<p>I Dont play Funds or shorting or buy on margin. Good Luck.


LawnSite Bronze Member
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.


LawnSite Member
East Tennessee
Phillip Morris; They own Kraft foods, Miller Brewing, And of course they mfg. cigarettes. They also purchased Nabisco Foods just this week. Also look at municipalities.


LawnSite Silver Member
Central CT
Stocks in an IRA are an accounting nightmare (or so I have been told). For IRA stick with mutual funds, type will depend on your age and risk tolerance. The closer to retirement, wisdom dictates the more conservative the investment. Myself, I have 25 years before I can touch my IRA so its divided among global funds and aggressive growth funds. <p>Bill

GrassRoots Lawn Care

I recommend an Index fund for retirement. Janus Funds are also great performers. <p>----------<br>Mike Reynolds,<br>GrassRoots Lawn Care, Florida

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