Jordan asked in Business & FinanceInvesting · 5 months ago

What is the best company to invest into for an IRA?

I’m new to investing, what is the best/honest online stock broker to start a monthly or weekly IRA for the future? I Have savings and would like to put that into it. Then weekly or monthly from that point.

10 Answers

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  • Anonymous
    5 months ago

    Just pick a well known one, merrill edge, tdwaterhouse, etrade, etc.

  • 5 months ago
  • 5 months ago

    Not a stock broker.

    Buying individual stocks is very risky, especially for beginners.

    Start with an index mutual fund.

  • 5 months ago

    Vanguard, hands down, Vanguard is owned by the investors in the funds, which makes it unique in the industry.

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  • Eva
    Lv 4
    5 months ago

    You have to have earned income from wages or self employment to have an IRA. If you are not working, you can't invest money from savings into it.

  • Anonymous
    5 months ago

    Fidelty is my favorite. Vanguard is also good.

    T. Rowe Price, Janus Henderson...all good.

  • 5 months ago

    I always recommend Vanguard target-retirement funds to novices. Their fees are low, they follow the stock & bond markets and rebalance themselves, they are the most forgiving of beginners' mistakes, and they have a long history of doing so.

    Roth IRAs are likely better than traditional IRAs.

  • 5 months ago

    Vanguard, Fidelity and/or T Rowe Price are my favorite.

    They all have excellent funds, management & customer service.

  • Bill
    Lv 6
    5 months ago

    I like Fidelity. My brother likes Charles Schwab (or however you spell it). Both have low trading fees and have a large range of investments to choose from.

  • 5 months ago

    For me, if you are young, put your money in an ETF. The S&P 500 would be a good one. Invest in the long run.

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