The Motley Fool Discussion Boards

Previous Page

Retirement Discussions / Retired Fools


Subject:  New Roth IRA and April 15 Date:  3/12/2000  2:38 PM
Author:  lorieransom Number:  2835 of 21781

I'm very new to investing, and need all the help I can get. I recently learned that I have up until April 15 to make an IRA contribution for 1999. I'm 26, and know the future consequences of skipping even a single year. I'd like to open an account through a broker rather than a bank, but I have no clue as to what broker to use or how to have my money invested. I don't think a month is much time to learn all I need to know to make the right choice. Should I go ahead and pick a brokerage, (say Schwab) invest the money, and spend this year figuring out if I've made the right choice? Any comments would be greatly appreciated.

Copyright 1996-2020 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us