Ira
h:
Senior Member
Joined: Sep 2002
Posts: 1,104
Likes: 0
From: bay area, cali
i have a roth ira. i manage it myself. rates fluctuate like a mofo. it's probably not the best idea to play as i do.
historically, the stock market has the best annual return at 9% pre-inflation. but not all funds return the same. if you're gonna go the route of mutual funds, i'd suggest choosing something from vanguard, which has low fees and good reputation.
today we have a great new investing tool called ETF, electronically traded funds. they're basically a mutual fund with lower costs and they usually mimic some index, so the stocks aren't chosen by a human. in my opinion, investing in small cap value ETFs are your best bet. you also want some exposure to international markets. US has been great in the past, but who knows if we'll continue to be a powerhouse.
if you have more specific questions, feel free to ask me. i'm no expert, but i've read a lot of books and articles on finance and the stock market.
historically, the stock market has the best annual return at 9% pre-inflation. but not all funds return the same. if you're gonna go the route of mutual funds, i'd suggest choosing something from vanguard, which has low fees and good reputation.
today we have a great new investing tool called ETF, electronically traded funds. they're basically a mutual fund with lower costs and they usually mimic some index, so the stocks aren't chosen by a human. in my opinion, investing in small cap value ETFs are your best bet. you also want some exposure to international markets. US has been great in the past, but who knows if we'll continue to be a powerhouse.
if you have more specific questions, feel free to ask me. i'm no expert, but i've read a lot of books and articles on finance and the stock market.
Joined: Oct 2000
Posts: 44,908
Likes: 0
From: Location Location
401k up 18% when compared to last year.
Roth IRA not sure probably up 10-12%
But i don't intend to use these as my only source of retirement fund.
Roth IRA not sure probably up 10-12%
But i don't intend to use these as my only source of retirement fund.
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Joined: Jun 2002
Posts: 5,929
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Originally Posted by DakarM
401k up 18% when compared to last year.
Roth IRA not sure probably up 10-12%
But i don't intend to use these as my only source of retirement fund.
Roth IRA not sure probably up 10-12%
But i don't intend to use these as my only source of retirement fund.
