I have around 00 I want to put into a tax free account to get higher return rates. I am about to open an account with T.Rowe because I like some of their I’d like to invest in later when I have the .

It’s saying I can open an account just for or a account. I’m planning on opening a account since I can invest in later and later once I have a career.

I’m a 22 year old college kid and brand new in investing. I wanted to get some expert opinion on T.Rowe. I heard nothing really negative about them. I may consider Vanguard as well.

What do you think?

 

  • Common Sense 9:03 am on May 25, 2010

    Great choice…. go for it…..

    BTW: Tax Free Money Market account may not be best choice. Depends on your tax rate. For most… the regular money market account would be better bet……….. On a year, with a 3% yield you’re talking $30 total interest… after 1 year on $1000.00.

    Vanguard is good, cheap and very conservative. They’d be a great Mutual Fund company for your grandparents…… not necessarily you.

    As far as "expert opinion"…. how can strangers, whose qualifications & motives can never be known….. be considered "expert"?

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