BittyD
New Member
Cash: $ 0.75
Posts: 3
Joined: 28 Jan 2012
Location: Arkansas
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Ok I went to my bank today and the deposit counselor did not know hardly anything about the IRA's!!! They didnt't even have any info available to give me to read over. Where should I go to open a Roth IRA where the people are knowledgable??? 
BittyD
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Sat Jan 28, 2012 9:20 pm |
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oldguy
Senior Member
Cash: $ 309.10
Posts: 1480
Joined: 21 May 2006
Location: arizona
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Well, as you have learned, not banks. Banks are mostly for checking, savings, and CDs - ie, banking. They are not good for investing. Go to a mutula fund company such as Fiselity or Vanguard, they are set up to provide guidance to families and individuals.
After you open an IRAccount, you can put nearly any investment in it - such as savings, CDs, bonds, stocks, mutual funds, index funds, etc. The Government investment limit on IRA's is $5000 per year.
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Sat Jan 28, 2012 10:56 pm |
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coaster
Senior Advisor
Cash: $ 1357.20
Posts: 6683
Joined: 11 Oct 2005
Location: Wisconsin
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This is basically the same topic as your other thread in the Retirement forum, and since it's more of a retirement question than a personal finance question, I'm going to ask any further posts be appended to that thread, which is located here:
http://www.money-talk.org/thread20032.html
~Tim~
Eye Candy : Why Whimsy
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Sun Jan 29, 2012 7:54 am |
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