I'm currently investing in a Cornerstone Strategy growth fund, but I'd like to add an idex fund.
2006-08-11 15:09:44 · 6 answers · asked by shanda 1 in Business & Finance ➔ Investing
you can add anything, CD,bonds, REITS, ETF, index fund,international fund
2006-08-11 15:30:08 · answer #1 · answered by Hoa N 6 · 0⤊ 0⤋
Yes, you can hold as many mutual funds, stocks, bonds, and even real estate in a Roth IRA. The only limitation on the number of investment options is what the broker where you hold the Rother IRA has availible.
2006-08-11 22:16:45 · answer #2 · answered by MikeD 3 · 0⤊ 0⤋
There is no limit to the investments that are inside of the IRA, the only limitations are the amout that can be contributed for the year. Ideally if you can find a mutual fund that outperforms the index consistantly it would be a better investment. To me index funds are like getting the average - I would like for my investments to outperform the average
2006-08-11 22:40:31 · answer #3 · answered by stroud41 1 · 0⤊ 0⤋
Yes you can invest in as many as you want.
A big caution: Be very careful of your costs because they add up faster than you might think. If you only have 5 or 10 thousand you can burn up too much money on trading commissions. You should only be making a few trades with this amount of money.
2006-08-11 23:55:22 · answer #4 · answered by Tom H 4 · 0⤊ 0⤋
HI, this is a 2-page introductory knowledge about Mutual Funds. it also includes something about how to invest mutual funds.
http://www.bernanke.cn/what-is-a-mutual-fund.html
wish it will help you. Good Luck!
2006-08-12 05:39:52 · answer #5 · answered by Anonymous · 0⤊ 0⤋
youve got several good answers i wont bore you
2006-08-12 00:08:14 · answer #6 · answered by titanbooboo 3 · 0⤊ 0⤋