| Author | Message | ||
     Conquas Comedian Username: Conquas Post Number: 1188 Registered: 11-2011 Posted From: 99.82.251.78 Rating: N/A |
roth ira means... you are investing after tax money in that ira... allways... any time you can take your principal with out any charge or fine.... but when it comes to ... if you earn anything on your principal amount.... if you would like to take that amount... there are certain rules.... if you are paying for downpayment for your house first time..... there won't be any penalty... if you are going to take out enterain money out of roth ira... including your return on your principal.... you will endup paying taxes and penalty on the earnings.... i didn't do it... please check with fidelity... if etrade/tdameritrade are offering 200 free trades.... just go for it... anyways please check with fidleity once again.... i amy be wrong too  all opinions expressed here are mine.. please follow at your own risk.... Disclosure: I have no positions in any stocks/options mentioned, and no plans to initiate any positions within the next 72 hours. | ||
| Ashton Hero Username: Ashton Post Number: 14738 Registered: 05-2008 Posted From: 50.7.12.2 Rating: N/A |
Thanks bro, that helps a lot. Not all the brokerage firms are FDIC insured, only reputed firms are. http://www.fool.com/foolu/askfoolu/2002/askfoolu020111.htm Also there are some other brokerage firms like etrade/tdameritrade who are offering 200 free trades if you open an account with them...Not sure if I'd be really interested, but I'll go with Fidelity or Vanguard. Thans again. One more question: If you take out your money from your Roth IRA account before 59 1/2 yrs will there be any problem ? Like suppose, I want to make a down payment before buying a house or a condominium and I want to remove my money from the account and use it for the down payment. Will there be any problem ? | ||
| Conquas Comedian Username: Conquas Post Number: 1186 Registered: 11-2011 Posted From: 99.82.251.78 Rating: N/A |
true... totally depend with your 401k plan... dhantlo vunna funds ni choose chesukune dhani meedha vuntundhi.... this year onwards.... hidden service charges gurinchi.... open chestharu ani ekkado chadivanu..... nenu endhuku na 401k lo.... large caps/bonds/stable funds meedha pedathanu.... compare chesthe... idhi aggressive kaadhu ani na opinion... all opinions expressed here are mine.. please follow at your own risk.... Disclosure: I have no positions in any stocks/options mentioned, and no plans to initiate any positions within the next 72 hours. | ||
| Simhapuri_kurrodu Comedian Username: Simhapuri_kurrodu Post Number: 1500 Registered: 07-2008 Posted From: 76.109.144.188 Rating: N/A |
not really, I have seen -20% on mutual funds in my 401k...also, cnbc lo oka prog choosanu...not sure if its true, 401k lo hidden service charges chala vunnai and its not worth it for some funds ani. | ||
| Conquas Comedian Username: Conquas Post Number: 1184 Registered: 11-2011 Posted From: 99.82.251.78 Rating: N/A |
just go blidly with fidelity.... they are awesome.... check with vanguard too.. they have some transaction fee mutual funds... i used to have roth ira with fidelity.... year back transferred to scottrade roth ira... compare fidelity and vanguard.... who ever is offering roth ira account for less transaction fee and free transaction fee mutual funds ..... just go with them... (please check with other guys too.... they will be having a different opinion all opinions expressed here are mine.. please follow at your own risk.... Disclosure: I have no positions in any stocks/options mentioned, and no plans to initiate any positions within the next 72 hours. | ||
| Ashton Hero Username: Ashton Post Number: 14737 Registered: 05-2008 Posted From: 50.7.12.2 Rating: N/A |
1) Is it a good idea to keep your money in Roth IRA account when it's not FDIC insured ? 2) Can I change my Roth IRA to a different brokerage account in the future? If so, will I lose any of my contribution ? 3) A friend of mine suggested to invest in Roth IRA with ETF's than a mutual fund... But ETF's lose their value over the time. What do you suggest ? 4) Which brokerage account would you recommend ? (Charles Schwab/Fidelity/Vanguard/ ???) | ||
| Conquas Comedian Username: Conquas Post Number: 1175 Registered: 11-2011 Posted From: 99.82.251.78 Rating: N/A |
Yo bro... Whatz up... all opinions expressed here are mine.. please follow at your own risk.... Disclosure: I have no positions in any stocks/options mentioned, and no plans to initiate any positions within the next 72 hours. | ||
| Caddy Junior Artist Username: Caddy Post Number: 374 Registered: 01-2012 Posted From: 74.63.86.218 Rating: N/A |
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| Entikaburlu Side Hero Username: Entikaburlu Post Number: 6448 Registered: 07-2011 Posted From: 67.247.83.224 Rating: N/A |
santham. santham. enduku kottu kuntunnaruuu.. meeriddaru mudinepalli ye kadaa. All Class Notes -> https://twitter.com/#!/EKSWAcademy all opinions expressed are mine and only mine. not to be attributed to the other IP address sharers, my employer, or any other human, animal, robot or alien. | ||
| Caddy Junior Artist Username: Caddy Post Number: 373 Registered: 01-2012 Posted From: 74.63.86.218 Rating: N/A |
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| Ashton Hero Username: Ashton Post Number: 14736 Registered: 05-2008 Posted From: 50.7.12.2 Rating: N/A |
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| Caddy Junior Artist Username: Caddy Post Number: 367 Registered: 01-2012 Posted From: 74.63.86.218 Rating: N/A |
bokkaaaaaaaaaaa.....born artist thoo pettukunav ante burn aipothaavvvv...padmasri thoo pettukunnv ante bokka borla padipothavvvv...eyyyyyyyyyyyyyy | ||
| Ashton Hero Username: Ashton Post Number: 14735 Registered: 05-2008 Posted From: 50.7.12.2 Rating: N/A |
yesterday conquas bro Roth IRA gurinchi edo post chesaru...somehow I missed it..that's why ee calling thread.. | ||
| Entikaburlu Side Hero Username: Entikaburlu Post Number: 6443 Registered: 07-2011 Posted From: 67.247.83.224 Rating: N/A |
emi? memu dravidulam ani adgatledaa.. makoo vachu IRA lu All Class Notes -> https://twitter.com/#!/EKSWAcademy all opinions expressed are mine and only mine. not to be attributed to the other IP address sharers, my employer, or any other human, animal, robot or alien. | ||
| Ashton Hero Username: Ashton Post Number: 14734 Registered: 05-2008 Posted From: 50.7.12.2 Rating: N/A |
Have a question on Roth IRA.. |
