The Motley Fool Discussion Boards
Investing/Strategies / Retirement Investing
|Subject: Re: Roth IRA acct and safekeeping fees||Date: 10/5/2013 2:10 AM|
|Author: dsr10||Number: 73440 of 76398|
Thanks a ton Joel.
I have a better understanding of how dividend are handled now.
In general. Most, if not all, of what I've posted is me just thinking aloud. It's been a great help getting feedback from everyone, I've learned a lot. It's also helped me focus, that's turned out to be something I needed to do.
My situation is unique (read: odd, bizarre, unusual). My initial goals aren't what many may think they should be, mainly I'm attempting to learn by doing,it's the best way I learn. Minimum initial funding and low risk is very important at this point in time. I don't mind, too much, making mistakes along the way, provided I learn something from those mistakes. At $1000 I can handle any mistakes I make along the way.
I can handle putting more money into this, but I am not yet comfortable doing that. The other money I have is money I use as capital to do other things that give me decent profits (long story, feel free to ask about it; but it may explain why I'm not willing go the route of a money market), so for now I'm planning on keeping it small, even if that means I suffer a bit short term. That $1000 I consider an investment in my financial education.
I want to start small, slow and conservative. In a year I hope to have learned enough to begin doing more. Right now,I don't plan on investing more than I can handle screwing up....too much.
As I mentioned earlier, I want unfiltered feedback, that's why I'm here.. Please feel free to say what you think, I'm a big boy, I can handle it.
Some great advice and feedback has been given. I want everyone to know how much I value this discussion, and not be offended if I continue to ask questions that appear to disregard the input I'm getting. I've made tremendous strides in a relatively short time, I give most of the credit to this discussion.
I also don't want to make anyone's head explode along the way. Seriously.
Thanks to all those that have participated, it's been such a great help.
|Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|