Date: Mon, 28 Aug 2006 11:40:52 -0500
From: "Elizabeth Richardson"
Newsgroups: misc.invest.financial-plan
Subject: Re: What IRA is best for me?
iQBVAwUARPMclPl/I4+O31e5AQFZjwIAwXa94d3Jx7DgpaRqplQSw84OF6JKf8zR
Jemjgynp1b0Semp3iTNv9CghpJSg8InXNJN0n4Y7Ld1meIqWchf7tg==
=oEJu
>
> 2.) I was looking over a ROTH IRA at Vanguard and it said something
> about a $3000 minimum initial purchase. Does this mean I need to
> immediately fund $3000 into the IRA in order to get it started? The
> funds I was looking at were: Vanguard STAR, Total Stock Marked Index
> and International Stock Index.
You need to do some more reading at Vanguard. I believe you can open an IRA
account with less cash if you sign up for automatic deposits. I haven't read
this stuff for several years now, but I would be surprised if they had
changed it much.
Elizabeth Richardson
|