[fiffer010]

Thank you all for responding with the great answers. I totally forgot to tell you that I will be purchasing a car in about a year. I am willing to spend 12,000-15,000 and would be able to sell my current car for about 5,000, so either I will be paying 10,000 out of pocket or leasing it. I am leaning toward just buying it so I dont have to pay for interest and also I can probablly bring the price down if i pay cash. What do you guys think?

Also, how much of the 1,000 a month should I allocate to to a roth IRA once i create? also are there any suggestions on where I should open it? And is a ROTH IRA non-taxable or is it just the interest that is non-taxable? and also how much of a return would you think I would get annually?

Sorry about all the questions but i'm still new =).


take care all