Recent content by sumofable

Thanks for the head's up. I just wanted to make sure I wasn't missing something. It seemed like from my reading that 1% is the average right now. I remember back in 2004 it was much higher. I also know what you're talking about with the risk in stocks. I lost a ton of money in 2010 when I tried...

I know this will sound dumb. But I don't have a 401k. I was just self-employed last year and had a pretty decent year. Both the year before last year and this year I've been out of work. So really I just have this $5,000 and I don't have any 401(k). I just simply would like to keep the $5,000 of...

I'm still thinking at some point I may need to take it out earlier.. medical emergency sometime in the next 29 years, etc.. or if I can put it toward a house someday. So I just want to get some decent return. I'm not sure what the best options are for IRA accounts right now. Like I said, it's...

I'm new to IRAs. I'm 31 years old. Last year I opened my first IRA.. a traditional IRA. For months it's been sitting in my ShareBuilder / ING Direct account. It seems like there must be a better use for it. There is only $5,000 in it. I probably will not be able to contribute again this year. So...