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URL:  http://boards.fool.com/best-way-to-invest-in-a-roth-ira-23054697.aspx

Subject:  Best way to invest in a ROTH IRA Date:  9/20/2005  10:21 AM
Author:  PTPFool Number:  47630 of 78166

Hi there. I am a long term member here at the fool. I try to read and learn a lot, but this is my first post.

Here is my question / scenario.

My wife is a school teacher, and somehow, through her school, she was introduced to a financial advisor. I just turned 33 years old and she is 25.

This financial advisor has talked her in to opening a ROTH IRA (smart move and something we have meant to do for some time now), but he wants to take 5.75% from each deposit - his fee and his brokers fee (ING Direct)? Once he takes his cut, he is suggesting she use the rest of the proceeds to purchase AMERICAN FUNDS families of mutual funds. They do look to have good performance, and she wants something that she can directly deposit money into each month and not look at or touch. She likes funds because she does not want to spend time researching individual stocks.

She has watched me invest in different FOOL STOCKS (I subscribe to Hidden Gems and Stock Advisor) and she thinks I trade WAY too often. I have definitely cut back on "trading" since getting married to her (and it has served me well), but quite honestly, I find it fun sometimes to buy / sell. I am trading mostly within my IRA, so I understand there are no tax disadvan