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Investing/Strategies / Retirement Investing
|Subject: Re: I have a Roth..now what?||Date: 4/10/1999 5:24 PM|
|Author: PokeyB||Number: 9842 of 77093|
I concur, $2000 doesn't go far, and fees will eat you up if you try to make too many purchases.
The index fund, or spy idea is excellent, also you might want to consider what I did, and that was to pick a Cash-King/Rule Maker stock and simply add one each year. They are pretty conservative, strong companies that can act as core holdings in my opinion.
This also gets you to think about "if I can only buy one, what would it be?" of course you could buy two if you wanted with out hurting yourself with fees.
There is a lot of good information on this web site and you don't need to decide this minute. Take your time and digest as much of the TMF philosophy as you can and then make your own decision.
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