Message Font: Serif | Sans-Serif
 
UnThreaded | Threaded | Whole Thread (2) | Ignore Thread Prev Thread | Next Thread
Author: 1r1 Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 72253  
Subject: first time Roth IRA Date: 8/26/2000 2:03 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 0
I intend to open an IRA investing in Intels DRIP. I also intend to self direct in the Roth in other individual companies. Since I do not have a broker, what do I do?
A.) call my bank and ask to open an Roth account and tell them what I intend to do.
B.) call a broker and tell them of my intentions.
??


Having a little difficulty getting past the first step.



Thanks
Print the post Back To Top
Author: rjm1 Big red star, 1000 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 24372 of 72253
Subject: Re: first time Roth IRA Date: 8/26/2000 4:34 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 0
I intend to open an IRA investing in Intels DRIP. I also intend to self direct in the Roth in other individual companies.
Since I do not have a broker, what do I do?
A.) call my bank and ask to open an Roth account and tell them what I intend to do.
B.) call a broker and tell them of my intentions.
??


Having a little difficulty getting past the first step.

You can only buy what the IRA custodian will let you buy.

Look for a discount broker. This will let you buy stock, bonds, mutual funds, CD's etc. A bank will probably have less choices.
Print the post Back To Top
UnThreaded | Threaded | Whole Thread (2) | Ignore Thread Prev Thread | Next Thread
Advertisement