UnThreaded | Threaded | Whole Thread (3) | Ignore Thread Prev | Next
Author: Brad1973 Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 76095  
Subject: SIMPLE IRA: Index Fund or QQQ/SPY Date: 3/2/2000 9:42 AM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 0
I've posted the following message on another board recently but it was pointed out to me that if I wanted additional responses, it'd be a good idea to post here as well. My thought is, why didn't I think of this?

---
I would like to keep all my investment accounts at one brokerage. My brokerage charges $18 per buy/sell of mutual funds and $8 per buy/sell of stocks. I want to put between $300-$600 a month into a SIMPLE-IRA. At this time, I'd like to invest in either an index tracking stock or an index tracking fund. I'd prefer said investment to track the NASDAQ over the S&P.

Should I choose a stock or fund? If I choose a fund, should I bite the bullet and find a brokerage with a lower fund fee? Likewise, might it be a good idea to open an account with a fund manager such as Vanguard and buy their funds through them?

Is there a fund that tracks the NASDAQ? For instance, SPY is to VFINX (Vanguard Fund tracking the S&P 500) as QQQ is to what?

Thank You!

--Brad
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (3) | Ignore Thread Prev | Next

Announcements

The Retire Early Home Page
Discussion on accelerating retirement day.
Pencils of Promise - Back to School Drive
"Pencils of Promise works with communities across the globe to build schools and create programs that provide education opportunities for children."
Post of the Day:
Apple

Wal-Mart Nixes Apple Pay
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 "#1 Media Company to Work For" (BusinessInsider 2011)! 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.
Advertisement