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Subject:  Re: How do I Invest in an IRA? Date:  6/11/2003  12:00 PM
Author:  billyturtle Number:  36510 of 78168

You should be proud of yourself. You're only in college and you're about 10 years ahead of the average American when it comes to saving.

First thing first. An IRA is an individual retirement account. It's just a type of account, like individual or joint. You can buy just about anything to put in your IRA. So what you'll do is open an IRA with a discount broker. Then you'll be able to buy various securities, among them are usually index funds. You could also open it at a bank, credit union or mutual fund company