Someone here mentioned a while back about
Roth IRAs. I think it was Vampyr (yeah a search confirms it).
Anyway, I would like to open a Roth IRA ASAP. I have been putting money aside for the minimum initial deposit that may be required. But I am having trouble deciding which or what type of provider to go with.
Vampyr or anyone else who knows about Roth IRAs, can you give me some tips on choosing a provider? Or do you have any specific recommendations?
Also, some of my general thoughts. At 24 years old I'm still young, so I know I should be thinking long term in my investments. Which means I should be thinking of investing mostly in stocks or stock indexes which are high-risk short-term but should pay off long-term. Is that a good strategy? Any tips on how much I should invest in high-risk vs. low-risk?