I am about to open my first ever Roth IRA account, and I know the general concept of how it works, but I need clarification on a couple of things.
I will most likely do this through TDAmeritrade. Once I open an account and deposit $4,000 in it, can I buy anything??
Mutual Funds, ETFs, and Stocks? Also can I trade within my account? For example, if I buy an ETF today and it goes up 10% in the next month, can I just sell it?
Do I need to invest all $4,000 or can I just let some of that money sit there for a little while?
Please help, thanks to all!
2007-02-07
06:10:19
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7 answers
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asked by
D. V
2