i am going to open a couple of ROTH IRAs,they will be 10k or so each to start.i am going to buys stks and sit on them,little trading .where is a good place to put em? low fees, comm and no extra fees if no activity.vanguard?TIAsusan400
i am going to buys stks and sit on them,little trading .where is a good place to put em? low fees, comm and no extra fees if no activity.vanguard?If you are buying stocks, rather than investing in Vanguard's mutual funds, you are probabl better off using another brokerage service, unless you have at least $500k invested at Vanguard. Below that level, Vanguard's stock trade commissions are $20 ($100k - $500k) or $25 (less than $100k). From $500k - $1 million, the stock trade commissions are $12. Above $1 million, stock trades are commission free.There are several discount brokers where you can get trades between $7 and $10 without minimum account balances.There is a Discount Broker board here http://boards.fool.com/discount-brokers-100146.aspx where you might get some additional guidance.AJ
Fidelity now charges $7.95 per trade.Donna
If you would feel more comfortable opening your account in person then Fidelity and TD Ameritrade have pretty low fees and they have offices in most major cities.Greg
i am going to open a couple of ROTH IRAs,they will be 10k or so each to start.i am going to buys stks and sit on them,little trading .I'm slightly confused abut your $10k to start. Are you converting traditional IRAs to Roth IRAs? Or are you putting in two years of contributions (2009 and 2010) into a new Roth IRA? The reason I am asking is that you can't put in $10k in new contributions for one tax year.PSU
PSU hi- yrsago we emailed. yes 2 yrs + maybe conveting a 5k old traditional IRA to ROTHsusan400
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