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I'm thinking of opening a SEP IRA with $6,000.00. Vanguard appeals to me because they have minimal fees. Any other suggestions on where to open the SEP IRA are welcome.
I'm new at investing, and I'm wondering how to invest this $6,000.00 I have no stocks so I'm thinking about the S & P 500 and maybe something else.
I already have a variable annuity with Franklin. After reading the Forbes Feb. 9th article-"You have to be an idiot to have a variable annuity"-I realize it's time I started to learn about investing.. I've averaged about 11% annually with very little risk.
I'd really like some feedback.
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