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Hi guys,
I am a new fool(I mean that in a good way) and have been investing for about a year now. When I first opened up my Roth a financial advisor reccomneded to buy Washington mutual investors fund, which I did. Since Ive been learning more through the fool I decided to transfer my fund into Scottrades Roth IRA so I could buy different funds and stocks. I wanted to add a small cap fund to my roth and did some research with Morningstar. I found a couple of funds that looked pretty good with TIAA-CREF and wanted to get some input from you wise investors out there. The funds which I thought might be a good choice were either TISEX or TISBX. The fees were very low and both seemed like a good choice. The one concern I did have was there turnover ratio, which seemed pretty high. I also have a Vanguard S&P 500 index fund in my regular scottrade acount and considered getting a Vanguard small cap fund for ny Roth but really dont have $3000 right now to open it. I would appreciate any feedback on what kind of small cap fund to get for my Roth. I am very new to all this so you will have excuse my ignorance.
Thanx in advance
Arby
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