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#1
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Where can we go to Invest?
I have just started a 401k with the company that i work for. Its really addicting. I would like to invest more money into 401 or things simmilar to it but it seems that my company 401 doesnt allow us to put in more than 10% of our pay.
Q. Where can i go to start long term investments? I have a general idea on what i want to invest in but i dont know where i can invest at. Thankx |
#2
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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 |
#3
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Re: Where can we go to Invest?
[ QUOTE ]
Where can i go to start long term investments? [/ QUOTE ] In addition to maxing out your 401K, you can open an IRA and/or regular account at any of the online brokers. |
#4
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Re: Where can we go to Invest?
[ QUOTE ]
[ QUOTE ] Where can i go to start long term investments? [/ QUOTE ] In addition to maxing out your 401K, you can open an IRA and/or regular account at any of the online brokers. [/ QUOTE ] Do you reccommend any? |
#5
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Re: Where can we go to Invest?
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#7
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Re: Where can we go to Invest?
[ QUOTE ]
Do you reccommend any? [/ QUOTE ] Most of the major Online brokers offer similar services. Check out each of the sites for yourself and choose one that gives you the reearch tools your interested in. |
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