UnThreaded | Threaded | Whole Thread (5) | Ignore Thread Prev | Next
Author: tfranklin Two stars, 250 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 77082  
Subject: Re: IRA investing Date: 3/19/2001 1:11 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 0
What is the most appropriate strategy to invest with for a ROTH IRA?

The appropriate strategy is what you feel comfortable doing.

Should the IRA be diversified like any other portfolio, should I just chuck all $2000 in one index fund every year, or should I use the Rule Maker strategy, buying 10 stocks and leaving it alone?

Yes it should be diversified. Investing in an index fund can be considered diversifying. An S&P index fund holds 500 different stocks. IMHO, that is the best way to go until you get the account built up to about $10,000, or how ever much you feel comfortable with, and then start looking for a few long term buy and hold stocks. Whether you use Rule Maker or another strategy is up to you. You could add one stock per year after you reach $10,000.

It's up to you.
Good luck,
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (5) | Ignore Thread Prev | Next


The Retire Early Home Page
Discussion on accelerating retirement day.
Foolanthropy 2014!
By working with young, first-time moms, Nurse-Family Partnership is able to truly change lives – for generations to come.
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.
Post of the Day:
Value Hounds

Waiting for Clarity
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
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 Glassdoor #1 Company to Work For 2015! 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.