Best online brokerage firms for roth ira
Articles are published Monday and Friday. You can unsubscribe at any time. One of the most common questions I receive from best online brokerage firms for roth ira is where to open an IRA. But the last time I directly addressed that question here on the blog was more than two years ago, and much has changed since then. A number of companies have improved their low-cost offerings. This structure where the company is owned by the funds it runs rather than by outside shareholders reduces costs and minimizes conflicts of interest between the company and its clients.
But, as great as Vanguard is, there are several other good choices, any of which could be a better fit for you depending on circumstances. Their Spartan index funds are super cheap and can be used to easily build a low-cost diversified portfolio. And for investors just getting started, TD Ameritrade has the advantage of having no minimum initial investment for opening an IRA. Alternatively, the best place to open an IRA may not be a brokerage firm at all.
The offerings from banks and credit unions are a natural fit for such a situation. It has worked out well for me. Dreyfus Bond Market is also listed but has a higher ER. In my opinion, Scottrade is in the not-bad-but-why-bother category. Click here to read more, or enter your email address in the blue form best online brokerage firms for roth ira the left to best online brokerage firms for roth ira free updates.
My Books About Contact Archives. Indirect Costs Can I Retire? Get the Free Newsletter Oblivious Investor offers a free newsletter providing tips on low-maintenance investing, tax planning, and retirement planning. Join over 19, email subscribers: Other Low-Cost Brokerage Firms But, as great as Vanguard is, there are several other good choices, any of which could be a better fit for you depending on circumstances. Comments Petunia says: April 11, at April 12, at 6: Any thoughts on Scottrade?
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