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So /biz/, I have $500 monthly I can invest. Should I invest it

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Thread images: 1

Anonymous
2017-01-08 01:23:56 Post No. 1716249
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Anonymous 2017-01-08 01:23:56 Post No. 1716249 [Report]

So /biz/, I have $500 monthly I can invest. Should I invest it in Index Funds or Mutual Funds?

>inb4 bitcoin

>>

Anonymous 2017-01-08 01:25:31 Post No.1716250
[Report]

Anonymous 2017-01-08 01:25:31 Post No.1716250 [Report]

>>1716249
Mutual funds imo. More for long term investment though.

Do you have an IRA? put it in that.

>>

Anonymous 2017-01-08 01:30:01 Post No.1716259
[Report]

Anonymous 2017-01-08 01:30:01 Post No.1716259 [Report]

>>1716250
I'm 18. Should I start a Roth IRA with mutual funds?

>>

Anonymous 2017-01-08 01:55:11 Post No.1716294
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Anonymous 2017-01-08 01:55:11 Post No.1716294 [Report]

>>1716259
not a bad idea.

Are you AD military by chance?

>>

Anonymous 2017-01-08 02:26:14 Post No.1716323
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Anonymous 2017-01-08 02:26:14 Post No.1716323 [Report]

>>1716294
No I'm not

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Anonymous 2017-01-08 05:57:36 Post No.1716646
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Anonymous 2017-01-08 05:57:36 Post No.1716646 [Report]

>>1716259

Absolutely open a Roth IRA. You're probably not paying much in taxes at your age, so a Roth is basically tax free money in and then tax free money out at retirement. It's like a giant middle finger to the government.

>>

Anonymous 2017-01-08 06:59:14 Post No.1716779
[Report]

Anonymous 2017-01-08 06:59:14 Post No.1716779 [Report]

>>1716294
Why do u ask

Thread posts: 7
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