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Investing/Strategies / Retirement Investing
|Subject: Re: IRA and Stocks||Date: 9/9/1999 1:24 PM|
|Author: TMFPixy||Number: 13819 of 82355|
Greetings, Rbell58, and welcome. You asked:
<<I am new to Fooldom.
I have an IRA loaded with mutual funds. For some reason I was under the impression I couldn't hold stocks in an IRA.
Am I wrong? I hope so.>>
Yes, you are wrong. Any broker will allow you to have a what's called a self-directed IRA within which you may buy and sell individual securities like stocks and bonds. To learn more about IRAs, see our IRA area at http://www.fool.com/Money/AllAboutIRAs/AllAboutIRAs.htm.
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