Tykimeister
Recycles dryer sheets
- Joined
- Aug 21, 2008
- Messages
- 98
I manage my IRA through vanguard and I had some questions about their Prime Money Market Fund. I just shipped some money into it to hold until I pull the trigger on putting it into my IRA.
Will Vanguard let me keep the account open (for holding purposes) if I only put like $1000 in it? I know I had to make the initial transaction of $3000 or more, but once I put that money into the IRA, will they let me keep that account open with only $500-$1000 in it?
Is the Prime Money Market Fund the only option I have to simply hold money in my Vanguard account (rather than Wells Fargo savings account) or are there other, maybe better options?
If someones in a helping mood, keep reading.
I'm 27 years old and 2013 will be my 3rd year making the maximum contribution to my ROTH IRA. 2011 and 2012 I purchased S&P 500 shares. This year I was thinking of maybe getting something different. What are my best options?
Thanks!
Will Vanguard let me keep the account open (for holding purposes) if I only put like $1000 in it? I know I had to make the initial transaction of $3000 or more, but once I put that money into the IRA, will they let me keep that account open with only $500-$1000 in it?
Is the Prime Money Market Fund the only option I have to simply hold money in my Vanguard account (rather than Wells Fargo savings account) or are there other, maybe better options?
If someones in a helping mood, keep reading.
I'm 27 years old and 2013 will be my 3rd year making the maximum contribution to my ROTH IRA. 2011 and 2012 I purchased S&P 500 shares. This year I was thinking of maybe getting something different. What are my best options?
Thanks!