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Hey guys, I just opened my first IRA account with $300.

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Thread replies: 11
Thread images: 1

File: 1323639462477.png (71KB, 479x324px)
1323639462477.png
71KB, 479x324px
Hey guys, I just opened my first IRA account with $300. What can I do next?
>>
>>1687381

jerk off and play video games
>>
>>1687388
Really?
>>
>>1687381
Try to save a little each month ($5 is better than $0). Invest in 'safe' investments. I'm assuming you're young and have a long investment horizon. An indexed fund (ex. SPY) would be a good start as well as some dividend stocks or growth stocks.

Don't chase small/micro/penny/biotech stocks that can ruin your portfolio.
>>
>>1687761
>I'm assuming you're young
>invest in "safe" investments

Do you understand risk profiles in the least? OP, invest in the riskiest shit you can get your hands on. You're young so you have time to risk losing money in order to make above average returns due to the fact that you have longer to invest. Don't listen to this uninformed NEET who probably doesn't own shit except SPY and QQQ.
>>
>>1687777

Quads get
>>
>>1687381
Youre gonna do exactly as your pic related. Panic tomorrow because it hasn't jumped to $1000, pull the $300 out and spend it all.
>>
>>1687793
that's not how it works. you either get or check
>>
>>1687813
If I "get" you a x-mas present, will you "check" to make sure I have enough engine oil in my ass?
>>
>>1687875
;)
>>
>>1687777

what's the riskiest index fund
Thread posts: 11
Thread images: 1


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