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Investing in the stock market..

Started by Joe, February 07, 2007, 03:37:52 AM

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Sidoh

#15
February 08, 2007, 06:10:41 PM
Quote from: MyndFyrex86] link=topic=8552.msg108210#msg108210 date=1170954616]
Out of curiousity, why did your friend tell you to wait until you have $5000?

I put money annually into a Roth IRA - I pay tax on the money now, and it's tax-free when I take it out, but the maximum annual contribution is $1500 a year.  But I can put it into funds, stocks, whatever.

I assumed he had a reason for it, but I neglected to ask, probably because I thought it would have been rude.
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