My Scottrade Roth IRA Account

Mutual Funds - Mutual Funds. 

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Subject Author Date
My Scottrade Roth IRA Account selina 06-02-2006
Posted by selina on June 2, 2006, 3:48 pm
Helloooooooooo :)

I opened a Roth IRA account a couple months ago. And it is still
Sitting there ..doing nothing..:(...well...can't say nothing..with
$4000.00, I gained $8.01 interest total so far..../cry..:( I tried
to read as many threads as possilble online....but I still have no
single CLUE regarding to what I should do with my Account...and the
worst part is that I don't understand a thing about stock/bond/mutual
fund........THEY ARE SO CONFUSING to me (with the terms and codes, my
brain refuses to work :( )

Anyway the reason I am here is to find some FRIENDS who are interested
in investment and love to talk about them, and..sorry ..too many ANDs
... wouldn't mind helping NEWBIEs like me ^Q^ ....and would like to be
my long term MENTORs....btw, I have to emphasize my IGNORANCE in this
field...coz I don't want you to get mad at me with my ^^dumb^^
questions later :)

Wish me luck, please :)

My address is selinapeterson at yahoo dot com ^^

OH...Gosh..I also just opened a 401k account...and...its also sleeping
currently..:)


Posted by PeterL on June 2, 2006, 3:51 pm

selina wrote:
> Helloooooooooo :)
>
> I opened a Roth IRA account a couple months ago. And it is still
> Sitting there ..doing nothing..:(...well...can't say nothing..with
> $4000.00, I gained $8.01 interest total so far..../cry..:( I tried
> to read as many threads as possilble online....but I still have no
> single CLUE regarding to what I should do with my Account...and the
> worst part is that I don't understand a thing about stock/bond/mutual
> fund........THEY ARE SO CONFUSING to me (with the terms and codes, my
> brain refuses to work :( )
>
> Anyway the reason I am here is to find some FRIENDS who are interested
> in investment and love to talk about them, and..sorry ..too many ANDs
> ... wouldn't mind helping NEWBIEs like me ^Q^ ....and would like to be
> my long term MENTORs....btw, I have to emphasize my IGNORANCE in this
> field...coz I don't want you to get mad at me with my ^^dumb^^
> questions later :)
>
> Wish me luck, please :)

Luck has nothing to do with it. Read one of the many books on no load
mutual funds investing.


>
> My address is selinapeterson at yahoo dot com ^^
>
> OH...Gosh..I also just opened a 401k account...and...its also sleeping
> currently..:)


Posted by selina on June 2, 2006, 4:05 pm
lol
yeah, I know I got to read...I am just hoping that I can get started
under any of you experienced ones' help..then I might be able to learn
on my own ^^.../sigh, I suppose I don't have any right to whine here :)


Posted by PeterL on June 2, 2006, 4:23 pm

selina wrote:
> lol
> yeah, I know I got to read...I am just hoping that I can get started
> under any of you experienced ones' help..then I might be able to learn
> on my own ^^.../sigh, I suppose I don't have any right to whine here :)

No one here can help you much because we don't know your circumstances
(age, family, other retirement options, risk tolerance, etc.).


Posted by selina on June 2, 2006, 5:54 pm
^Q^
I am 28, married,. my hubby 29. no kids. First year involving in
Retirement plan. Purchased Roth IRA from Scottrade 4 months ago.
Enrolled in 401k at the same time...(no match, and we put in $1000
/month ) we have full control of our 401k..haven't even taken a look at
it yet :(
Tolerance can be high :)...........


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