<< Back to all Blogs
Login or Create your own free blog
Layout:
Home > Got myself a shinny new Roth IRA
 

Got myself a shinny new Roth IRA

January 18th, 2007 at 03:02 pm

So I was opening myself a Roth IRA on Vanguard yesterday when I could not find any fund that had a minimum investment less than $3,000. So I gave up on it...

Today, Jim at Blueprint for Financial Prosperity posted this blog today: Go Open A Roth IRA Right Now!!!, which gave me a little extra motivation to check it out again. So I found a fund that requires $1,000 minimum investment, which I can do.

So guess what? I did it... I am now the proud owner of a Roth IRA account.

------- Edit ------
This morning, even the Consumerist was suggesting the post by Jim:
Open A Roth IRA Now

Now do you think you should open that Roth IRA??

Posted in Retirement | 4 Comments »

4 Responses to “Got myself a shinny new Roth IRA”

  1. living_in_oz Says:
    January 18th, 2007 at 03:42 pm

    Way to go! We need to start looking into something like that too. Since we've been watching our finances so well, we actually have a surplus to invest in our future!

  2. dickyvman Says:
    January 18th, 2007 at 06:01 pm

    Vanguard does actually offer one fund that only requires a minimum of $1000 invested for a Roth IRA. Its the STAR fund. https://flagship.vanguard.com/VGApp/hnw/FundsFeesMinimums?F...

  3. Amber Says:
    January 18th, 2007 at 08:46 pm

    Way to go, thanks dicky for the link I am going to check it out

  4. Lau Says:
    January 19th, 2007 at 05:33 am

    Thanks everyone... It was actually fairly easy and quick to set up. And contributions I make and still tax deductible for 2006. I don't remember when the deadline is.

    Dicky - that is exactly the fund I picked.

Leave a Reply

(Note: If you were logged in, we could automatically fill in these fields for you.)
*
Will not be published.
   

* Please spell out the number 6.  [ Why? ]

vB Code: You can use these tags: [b] [i] [u] [url] [email]