Quote:
Originally Posted by Code510
Not to change the subject y'all have going....but I actually am looking at investing.
This morning I was driving to work and it just hit me: I need to start doing something for retirement. There's a lot of reasons for this thinking, but those aren't important.
When I was younger, I had a Roth IRA with ING Direct. During college I cashed it out in order to live and keep my debt to a minimum. It was only about 5-6K or so, not 50-60K.
I see that ING Direct is now owned by Capital One 360. Should I start another Roth IRA with them? I do love how you guys buy and sell stocks...and I want to get up to that level, but right now time isn't affording me that luxury, nor do I have the skill/knowledge to do that.
So here's my question: What company should I start a Roth IRA with?
Thanks for the help guys!
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Welcome to the group!
As far as where to open the account, I would suggest somewhere you're comfortable with (ie. do you need a local branch or no? personally, Having a branch local does nothing for me). And the costs.
I opened mine through Sharebuilder, via Costco. If your a Costco member to to their Services page and check out the link through to Sharebuilder. They usually give you a credit for opening an account. On top of that, their market trades are $6.95. Which is on the cheaper side of the industry if i recall. Their "Auto investment" trades (happens on Tuesdays) are only $2.
By the way, they're also owned by Capital 1 now. I've been using them for several years and havent had any issues.