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Author: thehendrys Three stars, 500 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75538  
Subject: Re: Just Starting Date: 1/10/2001 10:27 AM
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I think you should consider a Tax-Sheltered account first. The Roth IRA is the best (in my opinion). It allows you to contribute post-tax dollars and never pay taxes on the money or the Gains in the account again. You are allowed to contribute up to $2000 per year into a Roth account, and this restriction may go up to $5000 per year. There is also an income restriction that you must meet. (Check out the IRA section of the Fool for more details).

As for a strategy, there are so many!! You can open up a self-directed Roth IRA and decide yourself how you will invest the money you contribute (Index funds, Mutual funds, individual stocks, CDs, etc...).

Good luck,
the hendrys
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