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Old 01-13-2006, 07:11 AM
gakline gakline is offline
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Default Re: Where to open Roth IRA for young broke people

Quote:
Originally Posted by xMoneyMakerx
Thanks i just realized that my bank has roth ira's and the minimum is $50.00 i think i'm gonna look into that. THANKS!
If you go into mutual funds with them, make sure you check on the fund loads. You'll definitely want a no-load fund. Anything above 1% is probably too much. My first fund through my bank had a 5% load because I didn't know any better. It just ate my money without doing anything.
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