I am preparing to open my first IRA account and have questions about stocks. Can I purchase any stocks to contribute to an IRA? ( I am going to be purchasing some OTC stock, soon to be on Nasdaq, and want to know if It can be my IRA contribution)Now, If I can purchase any stocks, then what happens if the stock needs to be sold? As I understand it the funds would still be part of my IRA but just held in a money market type account until I reinvest. Is that correct?And finally, can I take stocks I already own and move them into an IRA account? Thanks
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ra