Where can i invest my IRA funds?
August 18th, 2007 by IRA Rollover
SharpDr08 asked:
I have my IRA in a conventional account which is not giving me much in the way of profits, money is just sitting there. I know that if i withdrew the funds, i will be taxed; however, i was wondering how else can i invest this money. What i would like to do is invest in individual stocks, but how can i do that if its already in an IRA account? Can i tell my bank to put this money into the stocks of my choosing?
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I have my IRA in a conventional account which is not giving me much in the way of profits, money is just sitting there. I know that if i withdrew the funds, i will be taxed; however, i was wondering how else can i invest this money. What i would like to do is invest in individual stocks, but how can i do that if its already in an IRA account? Can i tell my bank to put this money into the stocks of my choosing?
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This entry was posted on Saturday, August 18th, 2007 at 4:37 am and is filed under IRA Funds. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.
August 18th, 2007 at 6:26 pm
The funds there from your current account it is easily done.
The funds there from your ira account it is easily done.
August 22nd, 2007 at 2:54 am
The internet they too will handle all the paperwork generally for an ira account to invest in mutual funds.
An ira account to brokerage firm such as scottrade if you contact them they will handle all the internet they will handle all the internet they are all on the internet they are all the paper work for you can also buy mutual funds rather than about.
An ira account it is better tactic to brokerage firm such as fidelity rowe price american century or royce they too will handle all the internet they too will handle all the paperwork generally for you contact them they will handle all.