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Author: gdett2 Big gold star, 5000 posts Old School Fool Ticker Guide Answer Team Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 294  
Subject: Re: Roth IRA $5000 distribution Date: 6/24/2011 1:40 PM
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If you haven't read the 13 Steps under How To Invest above, I would highly recommend you do so before investing. Here is a direct link:

Next ask yourself if this $5K contribution to your Roth is the only money you will invest this year? Taxable brokerage? 401K with self-directed or brokerage?

If you have cash going to other investments, I might say yes to some small stakes, $1,000 or so, in individual stocks. No Rush If it was to take the whole year to buy those 5 companies, great. For a limited amount like this, I would suggest selecting companies very carefully. Penny stocks, No. Way too risky.

If this will be the only cash you have invested, go with an ETF for the time being. Build some savings first, then revisit the question on individual stocks.

In the mean time, study and learn. Knowledge will serve you well.

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