I am 19 and am looking to invest 100 dollars a month and 500 every 4th month (3200 a year) into a savings account. I am an independent contractor and get no benefits accept some sort of relationship with Smith and Barney? I have been told to invest in a roth IRA. Any other suggestions (with explanations)?
I am thinking in terms of what will be the best decision for 40-45 years away.

 

  • Space Invader101 3:49 pm on December 1, 2009

    I’m not sure if it’s the traditional IRA or the Roth IRA, but one of them has tax advantages.

    If you’re looking at disciplined monthly investing, I would suggest a well balanced managed fund with bonds and large-cap blue chip stocks.

  • Invest Advisor 3:49 pm on December 1, 2009

    The best investment is to invest in FX Funds Group if you would like to make 2% – 15% per month.

    search for FX Funds Group or myfxfunds in google search engine for more information.

  • smith 3:49 pm on December 1, 2009

    I’m on this blackhat forum w w w.blackhatguide.n e t which helps me

  • sam 3:49 pm on December 1, 2009

    if you want to earn 10 times of what you put in within 3-5 years you should invest in citi bank stock (C) now and government will never let it bankrupt because it too big to fail