Ira Investments
What are the best Investments for retirement accounts such as IRA’s?
I know IRA is a tax shelter account, so what are Good Investments?
99% of the time, your best bet is to spread out your money in simple no-load index funds. Managed funds fail to beat their index 80% of the time, and they often charge you 5.75% upfront PLUS higher annual maintenance costs. So they’re often useless and cost you money.
You should really go out and hire a fee-based financial planner. This is important, as most financial planners are paid based on commissions, so their advice is often geared towards products that pay themselves better, not what’s best for you. It’s better to pay someone a flat rate for time spent, and get real advice. Spending a few hundred dollars now could literally be worth hundreds of thousands over 40 years. Seriously. Make the investment today.
Stocks, Mutual Funds & Retirement Investments : IRA Conversion Rules