Thread: Help with financial planning
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Old 07-11-2006, 02:06 PM
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Default Re: Help with financial planning
Your emergency fund should be in a savings account earning the highest interest that you can get. At your young age, you should open Roth Ira's, that way you can use the money for retirement and it will be tax free.
I would reccommend you open your IRA at Vanguard, I use the Index 500 fund. It has very low expenses and is diversified. They also have a Total market Fund.
Online banks pay higher interest. There are several threads on this and I will bring the one with all the rates back to the top for you!!
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