IM LOOKING TO START AN IRA FUND FOR MY WIFE TO AVOID PAYING TAX ON MY YEAR END INCOME A $600 SAVINGS I READIN TMF ABOUT A SELF DIRECT IRA STOCK FUND AND IM LOOKING FOR INPUT ON HOW TO START THE FUND USING THE FOOLISH FOUR FOR THE FUND AND ANY OTHER POINTS GOOD OR BAD ON MY STRATEGY THANKS PHIL
Please don't use caps when making posts. This is considered shouting (bad etiquette).Please read through the Fool School, http://www.fool.com/school.htm, to get some familiarity with stock investing. Please go to the libarary and get books on stocks and stock investing. Please read the Discount Broker board, http://www.fool.com/media/DiscountBrokerageCenter/DiscountBrokerageCenter.htm, to get an idea on whom you might use as a broker.There is nothing wrong with choosing the FF for your IRA. Just make sure you understand you are investing your money in stocks through a stock broker. When you invest money in the stock market, there is no guarantee that you won't suffer losses in the short-term. In fact, with the FF, you have a 1 in 3 chance of losing money (paper loss) in a given year. You make your money by following the program for the long-term. Finally, read the FAQ below this post. It will answer many questions you may have about investing in the FF.Zev
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