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Basics Of Mutual Funds
Beginning of paper
In this report I decided to take advantage of an opportunity to get information on how best to invest money for my daughter’s college fund. The choices are between Mutual funds or an IRA. Thanks to the research I did for this I have made up my mind how best to invest my money.
My main research I did on the IRA is on the Internet through AOL. ....
Middle of paper
....h to contribute $2,000 a year. It then stated that with a Roth IRA I would have $1,058,685 and with a Traditional IRA I would have $1,036,239 (which I would have to still pay taxes on). Out of the two the obvious choice is the Roth IRA you pay taxes when you are working and have the extra money and it also has a higher turn over rate.
I then rese.... |
| Word count: 1314 |
Page count: 5 |
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