Royce Mutual Funds
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Dennis Said:
Which brokerage firm is best to open up a Roth IRA and invest in mutual funds? And is a brokerage firm best?We Answered:
A lot depends on how much you have to start an account. If you do not have a 401K and no IRA. I recommend opening an account with a mutual fund company such as Royce.If you have a 401K I would check with your 401K trustee. They may have a good deal for your.
If you want to start a Roth my best advice is:
"Contact Royce mutual funds and set up a Roth IRA account. You can do this online or over the phone. My experience has been they have been very happy to help. Be sure to set up E-delivery of prospectus and reports otherwise they will charge you 12 dollars a year for your account (custodial fees)."
Carl Said:
What are the best mutual funds with LOW minimum initial investment?We Answered:
the Hodges Fund symbol HDPMX. With the small sum of 250 dollars you can open an account with Hodges.I am a fan of Royce funds but they have a 1000 minimum.
Your dad knows what he is talking about.
Jamie Said:
Can you help me with my investment portfolio?We Answered:
Here's my suggestion. Sell everything you have and start again. To start with, the month has nothing to do with. The time to buy a stock is when the price is right, whenever that occurs.Your reason for keeping Nutrisystems is COMPLETELY wrong. A lousy stock is a lousy stock. Praying that it goes up hardly ever works. Where you bought the stock does not matter. What matters is where its going.
Gamestop and Take-Two are too much alike. You need to diversify a little more. I would look at companies in different fields that won't be affected as much by the ridiculous gas prices. I'm looking at Microsoft, Pepsi and United Health right now.
You should be able to explain in plain english what a company does and why it should do well in the near future. If you can't, stay away.
Dryships does look interesting. I'm going to look into that company a little more.