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

Question

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.

Answer 1

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

Answer 2

If you are new to investing I recommend you some research to do.

https://independenttrader.org/when-will-the-gold-r...

https://realinvestmentadvice.com/everything-you-ar...

Answer 3

Not a stock broker.

Buying individual stocks is very risky, especially for beginners.

Start with an index mutual fund.

Answer 4

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

Answer 5

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.

Answer 6

Fidelty is my favorite. Vanguard is also good.

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

Answer 7

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.

Answer 8

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

They all have excellent funds, management & customer service.

Answer 9

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.

Answer 10

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.