Sep 23

Question by Set: Where is the best place to put Roth IRA money with objective of preserving capital?
Regarding a Roth IRA investment; does buying a Tax Exempt Bond make sense over a Taxable Bond Fund? At this time, which is better; Short, Long, or Intermediate Term? Do you have any specific recommendations within the Vanguard family of funds? Right now everything is in a money market fund. Thanks in advance.

Best answer:

Answer by richard t
the roth is tax free.you pay going in..no tax coming out……………..tax exempt is not for you…………you do not say what your time horizon is………………preservation of capital…the safe way is treasury bills, bonds and notes……………don’t buy anything with more than a 2year maturity and buy some every couple of months to hit the average………….If you have a lot of time till retirement. you might want to risk a bit more,,pick up ”the little book that beats the market’…..it sets you thinking…………..
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Apr 12

Question by Why?: Where is the best place to open a ROTH IRA?
I’m 26.. I have $ 19000 in savings, $ 5000 in 401K and no credit card debt. I have a car loan $ 15000 which I intend to keep open just to keep a good credit history.

My problem is, I’m not really good with investing and I know very little with the investing lingo. Is Roth IRA the right way to go? If so, which brokerage company should I open it with? Also, any other tips regarding retirement planning.

Best answer:

Answer by The Son of Rage and Love
As long as you understand that you cannot take out the money until age 59-1/2 without huge penalties then a Roth is a good choice. My favorite mutual fund company is American Century Investors. They have a wide variety of funds and great customer service. Vanguard is good as well, but their customer service isn’t that great (that is what you give up to get their lower fees).

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Dec 4

I’m 26.. I have $19000 in savings, $5000 in 401K and no credit card debt. I have a car loan $15000 which I intend to keep open just to keep a good credit history.

My problem is, I’m not really good with investing and I know very little with the investing lingo. Is Roth IRA the right way to go? If so, which brokerage company should I open it with? Also, any other tips regarding retirement planning.


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