The Motley Fool Discussion Boards

Previous Page

Investing/Strategies / Retirement Investing

URL:  http://boards.fool.com/my-scenario-is-this-opening-a-roth-ira-with-only-30890450.aspx

Subject:  Re: Roth IRA acct and safekeeping fees Date:  9/27/2013  1:51 AM
Author:  ravvt Number:  73348 of 76392

My scenario is this: opening a Roth IRA with only $1000. From what I have been reading online it appears that safekeeping fees would almost eat up any gains I could possibly hope to make.

... here is some information on "safekeeping fees" ... a major ripoff!


http://beginnersinvest.about.com/od/choosingabroker/qt/inves...



... if you want to have a self directed IRA acct for stock purchases, check /w any of the major brokerages .. ETrade, TDAmeritrade, Interactive Brokers etc. These brokers have varying fees and commissions but none of them stoop to the "safekeeping" fee nonsense...
Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us