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Author: tonyw44 Big gold star, 5000 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75335  
Subject: Re: Opening ROTH IRA Date: 8/6/1999 1:18 PM
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Well, the first thing I would do is take the money that you've got in the passbook savings account and put it into a money market or ultrashort bond fund. A five percent yield is a hell of a lot better than a 1.25 percent yield.

You can open up a Roth IRA with a discount broker, a full service broker, an individual mutual fund, or your bank, just to name a few. It's all up to you.
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