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Old 07-29-2005, 11:22 AM
jstewsmole jstewsmole is offline
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Join Date: Apr 2005
Location: taking the nutz on the chin
Posts: 192
Default Re: Where can we go to Invest?

its funny u wrote this as just last night i was reading about retirement funds.(Investing for dummies [img]/images/graemlins/blush.gif[/img])
From what i understand is u can open up an IRA acount which is a retirement account. According to my book, these are tax deductible as well on ur deposits depending on ur income level.
Theres also a Roth IRA or IRA plus which are not tax deductible but the interest u accrue from them are shielded from taxes and from the withdrawal.

generally the book recommends exausting any retiremnet investment oppurtunities that have a tax deduction on ur contributions to them. Id look into those first.

I hope that helps
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