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Roth IRA - Need Help
Old 11-21-2008, 01:52 PM   #1
manasecret
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Default Roth IRA - Need Help

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?
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