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
- Anonymous5 months ago
Just pick a well known one, merrill edge, tdwaterhouse, etrade, etc.
- 5 months ago
If you are new to investing I recommend you some research to do.
- StephenWeinsteinLv 75 months ago
Not a stock broker.
Buying individual stocks is very risky, especially for beginners.
Start with an index mutual fund.
- ugiidriverLv 75 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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- EvaLv 45 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.
- Anonymous5 months ago
Fidelty is my favorite. Vanguard is also good.
T. Rowe Price, Janus Henderson...all good.
- AmbistomaLv 75 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.
- exactdukeLv 75 months ago
Vanguard, Fidelity and/or T Rowe Price are my favorite.
They all have excellent funds, management & customer service.
- BillLv 65 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.
- The TaxpayerLv 75 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.