2007-12-30 12:24:22 · 6 answers · asked by Anonymous in Business & Finance ➔ Investing
Look at the major mutual fund houses, like Vanguard, T. Rowe Price, Fidelity, etc. IRAs are not like CDs or savings accounts.
2007-12-30 12:29:53 · answer #1 · answered by Anonymous · 1⤊ 0⤋
Using a bank for an IRA is not a good idea. You'll never beat inflation this way and you'll never 'grow" your money.
The younger you are.... the more important this is!
Read at least two books on Retirement Investing!
2007-12-30 12:41:44 · answer #2 · answered by Common Sense 7 · 0⤊ 0⤋
IRA rates? An IRA is a type of investment. How you invest the money in it is up to you. You can invest in stocks, bonds, mutual funds, money markets, CDs, etc.
There is no such thing as a "IRA Rate".
2007-12-30 12:30:19 · answer #3 · answered by Anonymous · 0⤊ 0⤋
An individual retirement account allows you to invest your money tax deferred until retirement. You can invest in a money market account. You can invest in bonds. You can invest in stocks. You can invest in real estate if the custodian allow you to buy real estate.
When you go down to your local bank, they may steer you into a money market account.
Check out Fidelity, Vanguard, T Rowe Price, or Schwab and compare price versus range of services.
2007-12-30 12:37:24 · answer #4 · answered by William H 5 · 0⤊ 0⤋
countrywide.they are hurting for $$$$$$$$44
2007-12-30 12:41:04 · answer #5 · answered by richard t 7 · 0⤊ 0⤋
not sure but i heard wamu and wachovia do
2007-12-30 12:27:01 · answer #6 · answered by GG 7 · 0⤊ 1⤋