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Author: DolonAltekar Three stars, 500 posts SC1 Red Motley Fool One Everlasting Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 74759  
Subject: Re: Roth IRA Splits Date: 11/22/2013 4:37 PM
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Other people may have other ideas, but I think that to trade individual stocks you should have at least about $100,000 distributed over 10 stocks.

I beg to differ. Why do you have to have $10,000 in each position? With the low brokerage commissions today (<$10 at most online brokerages) you can keep costs low and put as little as 500.00 in each position as long as you are not a trader, but a long term investor.

If you keep adding more over time, you will be able to add to those positions and eventually have 100K and more.

But until you decide to get fully into stock investing, I'd simply park it in a low cost index fund. You are 24, so no need for fixed income.

Put it all in VTI the Vanguard total stock market index fund, and forget about it for 40 years, except to add a bit more each month/year.

D.
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