UnThreaded | Threaded | Whole Thread (2) | Ignore Thread Prev Thread | Prev | Next | Next Thread
Author: jerrtiff Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75825  
Subject: IRA fee question Date: 8/25/2000 9:31 AM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 0
I'm 25 years old and about to open up my first Roth IRA (joy!). I just have a couple of questions.
1) I'm either going to invest in a stock or a mutual fund. I've narrowed the funds down to either the Vanguard 500 Index (VFINX) or Vanguard Growth and Income (VQNPX). Here's my question: If I invest in an index fund, Vanguard charges $10 per account/year until my balance is $10K; however, if I invest in VQNPX I will not get the charge. On the other side, the index fund's expense ratio is 0.18, and the VQPNX is 0.37. I'm obviously investing long term, so which fund would be the best in the long run?

2) If I choose a stock, can I choose SPY? I realize that SPY is traded like a stock, but if I buy SPY through an online broker, will I be charged for a stock trade or fund trade?

Thanks for your time, any info would be greatly appreciated.

Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (2) | Ignore Thread Prev Thread | Prev | Next | Next Thread

Announcements

The Retire Early Home Page
Discussion on accelerating retirement day.
Pencils of Promise - Back to School Drive
"Pencils of Promise works with communities across the globe to build schools and create programs that provide education opportunities for children."
Managing Your Wealth
Our own TMFHockeypop from Rule Your Retirement fame on the TV show Managing Your Wealth.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement