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Originally Posted by KruseF1
After looking at different mutual funds from Vanguard and TRP, I'm not sure if I have enough yet to start investing in the account that I want. Maybe I should save about $10000 and then start investing??? Is this a better idea? Thanks again for the help so far guys.
Brandon
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I would wait until you have $3,000 in savings to open a Roth IRA. Vanguard and T. Rowe Price are good places to do so, although I like Vanguard better because of the low expenses. If you don't know much about mutual funds or IRA's, I would suggest the book by Suze Orman entitled "The book for the Young Fabulous and Broke". It has an excellent chapter with details of what index funds are, what expense ratios, etc. It's basically a good place to start off with.