Any good mutual funds that I can start a ROTH without a minimum deposit if I do monthly contributions?
80949
I like Janus funds.  They will open an account for $500.  I have had my Roth IRA with them since the first year they were available.  After you open the account, you can make additional investments online if you want. (minimum $100 per additional investment).  There are no fees!\nhttps://ww3.janus.com/Janus/Retail/StaticPage?jsp=jsp/Account/TypesOfAccounts/RothIRAAccountType.jsp
740965
Do I have to make a choice?  In a few other posts, I have pointed out the disadvantages of investing in mutual funds.  It is exceptionally rare that any mutual fund will outperform its benchmark over the longer term, especially after fees and taxes are factored in.  \nI'm going to assume that you're asking this question b/c you are only given Calamos funds as options in your 401K and that you have to pick one.  Without knowing your specific financial circumstances (which is critical to find the most appropriate fund) I will give you two Calamos recommendations.  I just checked out the prospectus online and it looks like the Global Growth and Income, and to a lesser extent, the Growth and Income fund, are pretty decent.  Both have consistently beat their benchmarks and the fees are amongst the lowest of all Calamos funds (although I'm still shocked at how high the Calamos fees are overall).  These funds should be good and would be most appropriate in a tax-deferred account like a Roth 401K where the taxation of the dividend income and capital appreciation will not eat away at returns.  Steer clear of the Growth fund.  These guys are making a huge bet in Tech and must not be historians of the market.  They should look at what happened to Janus funds in the late 90's and they might reconsider a 34% allocation to technology.\n\nThat's my $0.02.
1109453
GOD YES!!!! NOW IS A GREAT TIME!!!\n\nI work as a financial advisor and I wish I could get as many people in their 20's to buy a Roth IRA.  \n\nRemember, a Roth IRA means that you do not pay taxes on the growth or interest, and their is no taxes when you take the money out after age 59 1/2 years old.\n\nAlso, if you work and you company offers a 401k, try that as they might match you on what you put in.  Remember, that money is not taxed when it goes in, but is taxed when you take it out after age 59 and 1/2.  \n\nIf you are so inclined, you can do both.\n\nTry Scottrade.com, or etrade.com if you want no limits on what you can invest in.\n\nStart with a mutual Fund that is called "balanced" or Asset Allocation.
730019
Barclays LifePath 2040 will be good if you're not sure what you're doing.  The fund will rebalance over time so that it is invested more aggressively while you're young and changes to a more conservative mix as you get closer to retirement.\n\nIf you don't go this option, here are some other ideas:\n\n-The Vanguard 500 Index Inv mimics the S&P500 (so it's a large cap fund, mimics an index, and has low expenses)\n-Get some mid caps & small caps by going with the Dreyfus Mid Cap Value and the Fidelity Advisors Small Cap\n-Get international exposure by investing maybe 5-10% in the Fidelity Adv Diversified Intl fund\n-I wouldn't recommend any fixed income (bonds) at your age since I think they are too conservative.  If you really wanted to you could maybe go with 5%, but I don't think it's necessary.\n-Make sure you put your money somewhere other than HighMark Diversified MM Fid--this is a money market fund and isn't a good option for a 25 year old
1145593
If you would sign up for an account at a financial institution you can arrange to have your investments done automatically for you.  For example, you could set it up so the 1st of every month you buy $250 of IBM stock.  Each monthly transaction might cost you $5 flat regardless of the amount or number of shares involved.\n\nAs an incentive to join, they may offer six or twelve FREE automatic investments where the $5 is waived for six or twelve months.  Since you could have set up a couple of automatic investments (IBM and Microsoft, for example), they can't really advertize the first six months no commission, so they simply say six free automatic investments/purchases.
44045
HSBC is currently offering 4.25% APY with no minimum deposit.  ING Direct and Emigrant Direct are both offering around 4% with no minimum deposit.  Check rates frequently at www.bankrate.com
288141
Buy a good S&P index fund. Vanguard has a good one with lows fees.  Should get you 8-10% a year over the long run.
586143
There's no rule against non-IRA investing...\n\nThe current minimum age to withdraw from an IRA penalty free is 59 1/2.  A Roth IRA is pre-tax money, so you can withdraw at any time - you've already paid the tax, but you're not being assessed tax on the income of that account.\n\nBut if you've done that, establish your own investment fund, at E-trade, or Schwab, or Scottrade.  You will be taxed on the income, but if you make $1000, and have to pay $150 in taxes, you still have an $850 gain!  That can help speed up retirement, and that account has no withdrawal restrictions.
1186755
Automatic savings.  Open an IRA for retirement and automatically have $200 per month taken out of your pay and put in that account until you max out on the yearly limit.  You could even more than $200 in now, since the year is half over.\n\nPay yourself first.  You can't spend it if you never see it.  Your old self will thank the smart young self that started saving.
1119494
Just starting out, a mutul fund is a good approach. Some you can buy from brokers like Fidelity or TD Ameritrade.  Others you need to buy directly from the mutual fund company.  There are some good funds but most are not so you must do your research.  To begin with search for funds that have a good long term record and are invested mostly in stocks.  Windsor fund is one offered by Vanguard although its record over the last 5 years has not been too good.  The best performing funds over the last 5 years have been gold funds, oil funds, and foreign market funds.  Your guess is as good as mine as to whether that will continue but China looks rather more enticing than the U S for sure.
189875
try fidelity.com or vanguard.com or schwab.com .. also cheapest is tradeking.com\n\nwells fargo is a good bank, investment fees on the funds are high however.
318964
For us little people, I find the best way to invest is with no-load mutual fund accounts.  That way there are no charges or fees either up front or when you eventually sell out.  Also professional managers take care of the investing and do much better than we could ever do.  Second, I find the best way is to make the investment LONG TERM, let it sit no matter and over time I have found my investments always do well.  May I suggest a conservative long time company:  Lord Abbett Affiliated Fund has been excellent for me.
1051119
Put in the percentage that maxes out the company match.  Free money is good.\n\nAfter that, put your money into a Roth IRA (if you qualify for it).  Tax-free growth is good.\n\nIf you max out the Roth IRA, go back to your 401(k) and put money into that.  Tax-deferred growth is good, but not as good as free money and tax-free growth.\n\nWhile you're doing all that, you have to also build an emergency fund of 3-6 months *expenses.*  You don't want an unexpected emergency to undo all that you're striving for.  Also, you need to make sure that you pay off all your short-term high-interest debt.  It makes no sense to gain 10% a year in savings while paying out 18% in interest.  If you have credit card debt, pay it off and stay out of debt.\n\nGood luck!
1096563
You can't "buy" a Roth IRA. You can open a Roth IRA account with a mutual fund company or brokerage firm and make a deposit, where the deposit will be invested.\n\nLowest cost? Vanguard (www.vanguard.com).
585907
If you are carrying any credit card debt pay that off. You will earn an instant 18% (or whatever rate the card carries.)\n\nIf you are not carrying any credit card debt then I would say any index mutual fund.\n\nfinance.yahoo.com has a mutual fund screener that will let you filter for funds with a minimum initial investment of $100 or less.
673708
If you are talking about municipal bond funds, I think Vanguard has some of the best.  In bond funds, low fees are very important, and Vanguard has some of the lowest.
1049712
There is a low risk mutual fund out there, ticker symbol PRPFX.  It has never lost money in any year since it started in 1997, and has averaged a return of 6.5% each year.  Go to morningstar.com to get more information on it.  Also, you can acquire it without any fees at Charles Schwab.  Good Luck.