Opening an investment account

I have recieved a few inqueries from individuals curious about where they should open an investment account. I'll go through the process of opening up an account in this posting.

Of the several sites I've visited, I found E-trade to be one of the best.



They have a 5.05% yeild on their cash holdings.

There are no account minimums once you open the account.

There are no account fees.

Their trading fees range from $7-$13.

Start your account opening here.

For most individuals, I would recommend starting with a ROTH IRA account. This will keep your money in a completly tax-freee environment. The downside, you can't access it until you are 65. The best part? It will compound and compound and compound until you are ready to retire. The ROTH IRA is the best bang for your buck...but you are also welcome to open a taxable account. Do your own due dilligence to find out what type of account is best for you!

60 Second guide to opening an IRA.

Please have the following information avaliable:

Name

Address

Social Security Number

It shouldn't take you more than 5 mibnutes to open up your account. Once you are done opening your account. Access it online and start to read some of the information that is provided on finding investments. There is no rush, the fact that you have opened an account is great. Just let the money sit there until you find a suitable investment.

I'll cover more about searching for ideal investments in further postings.,

Until next time,

Thor