The Motley Fool Discussion Boards

Previous Page

Investing/Strategies / Retirement Investing


Subject:  Re: OK - IRA, but where? Date:  3/9/2000  1:52 PM
Author:  GolfinGoldy Number:  19942 of 90480

I opened an Education IRA for my new granddaughter last year. I used Waterhouse, because I had a couple of accounts there. I thought I would do than for ease of trading, if I wanted to do that, but probably will stick with indexes.

My first buy was QQQ. As long as that looks good, I will probably stick with it for the 17 years or so this account will be active.

It was very easy to do.

The problem with Educ IRA is the limit of $500 a year. In 17 years, that won't cover one year of a private college... maybe she'll have to go to old State Univ, just like gramps.

Copyright 1996-2018 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us