The Motley Fool Discussion Boards
Investing/Strategies / Retirement Investing
|Subject: Re: Help, please...An IRA invested in index fund||Date: 1/7/2004 6:15 PM|
|Author: JAFO31||Number: 38409 of 74759|
bbfree: "I have an IRA invested in Vanguard's Index fund. This $10000 is from a company I left, and I put the money in Vanguard to grow -- not much growth in ten years...."
What Vanguard Index fund has "not much growth" over the last ten years? Was this a broad-based market index?
"Can I transfer the money to a discount broker and buy the stocks I feel will bring a better return?"
Yes you can transfer. Trustee to Trustee transfer is probably easiest and safest. Not sure on your intended level of trading, but just remember that transaction fees will need to paid from funds within the IRA.
|Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|