My personal opinion about stock brokers is that they are no better than attorneys,bankers,corrupt politicians and law makers. There is no better person to help you control your retirement than yourself. You decide for yourself what the future brings. There are several online brokerage accounts that a person can set up. Remember that any 401k or Roth account has age restrictions and penalties on early withdrawals. 10% usually. I would use an individual retirement account if I were unsure. Also it is important to note. Capital gains taxes are 40% on short term investments(less than 1 year) and 15% over a year. You may want to start your own business that you can reinvest in to if you want to keep most of your capital gains(profits)
Posted on: Tue, 15 Jul 2014 03:38:55 +0000
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