UnThreaded | Threaded | Whole Thread (9) | Ignore Thread Prev | Next
Author: pauleckler Big funky green star, 20000 posts Top Favorite Fools Old School Fool Answer Team Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 79718  
Subject: Re: Roth IRA Questions Date: 1/6/2005 2:30 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 0
Jeepie, on going to Vanguard directly, much depends on how large your account is. Vanguard has extra charges for small account, less than $10K, last I heard. They do not charge for individual additions, but they do have minimums.

On the ETF's you will be charged commissions (at low discount rates) each time you buy or sell shares. Sounds like Scottrade will now charge you for individual mutual fund transactions too.

So best is sit down with the numbers and figure out what is best in your case. What you plan to invest in, how often, and how much. Assuming you plan to invest something like $3500 per year, most economical will probably be to accumulate your funds--preferably in a money market or a saving account and then make one or two transfers per year.

Check out the charges before you decide. Also look into annual maintenace fees, if any.

Good luck
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (9) | Ignore Thread Prev | Next


The Retire Early Home Page
Discussion on accelerating retirement day.
Post of the Day:
Macro Economics

Looking at Oil and Gas
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
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.
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 Glassdoor #1 Company to Work For 2015! 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.