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Subject:  Convince me to put money into a ROTH Date:  3/28/2006  2:09 PM
Author:  mulesnx Number:  50764 of 87983

I have spent most of my money on real estate, not even thinking about alternative investments. Recently I have purchased some stocks which are doing average. I am 25 and am looking for other investments. ROTH accounts seem like they really don't pay back much (I think I am drawn to higher risk and higher yield investments). Can someone please convince me that it is worth putting the money into an account like this.

If I start putting the maximum amount in at my age, I think I figured I could have around $400K when I retire. That is not going to do anything 30 years from now!

Also, I am very new to this, and don't even know how to put money into a ROTH. Can I do it through etrade? Maybe some basic articles on ROTH accounts would help too.


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