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From: jhull@spp2.UUCP
Newsgroups: net.invest,net.taxes
Subject: Re: IRA Choice
Message-ID: <394@spp2.UUCP>
Date: Tue, 22-Jan-85 18:55:57 EST
Article-I.D.: spp2.394
Posted: Tue Jan 22 18:55:57 1985
Date-Received: Fri, 25-Jan-85 07:02:11 EST
References: <7510@brl-tgr.ARPA>
Reply-To: jhull@spp2.UUCP (Jeff Hull)
Distribution: net
Organization: TRW, Redondo Beach  CA
Lines: 19
Xref: watmath net.invest:514 net.taxes:625
Summary: 

In article <7510@brl-tgr.ARPA> wmartin@brl-tgr.ARPA (Will Martin ) writes:
>Anyone want to offer any recommendations for buying an IRA right now ($2000
>lump-sum, possibility of adding more later)? I would think that I should
>be able to expect about 12% return on investment; it seems like most CD's
>and other funds are paying much less, though. Nearest I've seen is a
>48-month CD at 11.75% from a credit union (but which charges annual fees,
>which reduce the yield). I've been looking at brochures for bond funds, too.

If you're willing to spend some of your time looking after it,
investigate a thing called a "self-directed IRA."  It lets you put
your money where you want to and move it around easily.  Main
restriction is you can't take it out (just like any other IRA).

-- 
					Blessed Be,

 					Jeff Hull
 {ihnp4}trwrb!trwspp!spp2!jhull		13817 Yukon Ave.
					Hawthorne, CA 90250