investments
New Poster
Cash: $ 0.50
Posts: 2
Joined: 31 Dec 2005
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| Vanguard IRA Options |
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I recently opened a Roth IRA with Vanguard. I currently have the Windsor II as my choice fund. I wanted to open up a Roth IRA for my wife. She is a leery investor. She would prefer a "safe" conservative choice. Basically something with a steady rate of return that is better than a savings or money market account. Can someone suggest the best conservative choices in the Vanguard family?
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Sat Dec 31, 2005 4:02 pm |
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Rolo
Yo' Daddy
Cash: $ 309.70
Posts: 1551
Joined: 13 Mar 2005
Location: Colorado/Florida
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No...not without knowing how many years she has until retirement. If she doesn't get rid of that fear, she will never retire. "Safe" isn't safe.
"Welcome to Wal-Mart"...try that on...or is she gonna leech offa your IRA?
"Expect me when you see me."
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Sun Jan 01, 2006 2:25 am |
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Rolo
Yo' Daddy
Cash: $ 309.70
Posts: 1551
Joined: 13 Mar 2005
Location: Colorado/Florida
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FACT: stock market goes up 96% of the time during any 5-year period. 100% for ten years. Is she ten years or more away from retirement?
There...saved ya the trip.
"Expect me when you see me."
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Wed Jan 04, 2006 1:37 am |
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Jaszbo
Preferred Member
Cash: $ 35.90
Posts: 177
Joined: 03 Jan 2006
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Even if she's only 10 years from retirement, how many years does she plan on being in retirement. The point of investing and your retirement is make enough to outlive your investments. She wants to make enough to be able to enjoy a confortable living at retirement. Many people want to retire in their 40's and 50's and most could live well in their 80's and 90's, so she has to not only have the money grow, but also she can't outlive the money.
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Wed Jan 04, 2006 2:40 am |
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MattL
Senior Member
Cash: $ 46.85
Posts: 234
Joined: 25 Jun 2005
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You might want to look into one of their Life Strategy or Target Retirement funds.
Debt Elimination
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Sun Jan 08, 2006 9:22 am |
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