Mutual funds/IRAs investing

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Dumb question, mutual funds and IRAs are 2 different investments, right??, ira contribution 4,000 a year , . Can I invest any amount in mutual funds without getting in trouble w/IRS.........Any highly recommened Funds out there you guys suggest

Thanks
 

Their undisputed masterpiece is "Hip to be Square.
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MFs are on the down and down. I would say 85%+ of the them go as the market goes. If things keep up as they have been the past month, most will probably lose money in their IRAs and MFs.

401Ks are mostly MFs or bonds.

Most IRAs are invested in stocks and bonds.

You can hide anything you want from the IRS. IT is a matter of getting caught.
 

FreeRyanFerguson.com
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Dumb question, mutual funds and IRAs are 2 different investments, right??, ira contribution 4,000 a year , . Can I invest any amount in mutual funds without getting in trouble w/IRS.........Any highly recommened Funds out there you guys suggest

Thanks
IRA can be in anything. You could even put it in a savings account. It's just a tax designation. You can put an unlimited amount in mutual funds, but investments that are not in an IRA or another retirement account are going to be taxed every year.
 

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An IRA is not an investment, it is an account which holds investments (Individual Retirement Account). Mutual Funds are investments which can be bought in an IRA. There is no limitation to the amount of mutual funds you can purchase within an IRA. The IRS doesn't care until you take the money out of the IRA. Any gains within an IRA do not have to be reported to the IRS until you withdraw money. I do not own any mutual funds nor do I closely follow any so I cannot recommend anything to you.
 

FreeRyanFerguson.com
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An IRA is not an investment, it is an account which holds investments (Individual Retirement Account). Mutual Funds are investments which can be bought in an IRA. There is no limitation to the amount of mutual funds you can purchase within an IRA. The IRS doesn't care until you take the money out of the IRA. Any gains within an IRA do not have to be reported to the IRS until you withdraw money. I do not own any mutual funds nor do I closely follow any so I cannot recommend anything to you.
You're limited by the contribution limits of an IRA.
 

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True. I meant unlimited as in you are not capped at 50% of the money you contribute, or 80%, etc.
 

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What would you recommened for long term investments, I have an IRA with american century/ultra fund, I make the 4,000 contribution every year, what else can/should I do, Thank PTHREAT and Illini
 

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If you are employed, check to see if you can get a 401k through your company. Essentially the same thing, but a 15,500 per year investment cap. Sometimes employers will match a portion of your contribution.
 

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What would you recommened for long term investments, I have an IRA with american century/ultra fund, I make the 4,000 contribution every year, what else can/should I do, Thank PTHREAT and Illini

It depends. Depends on how much risk you are willing to take on. If you are risk averse then you should be in conservative mutual funds/bonds/CD's, things of that such and sort. If you are aggressive than you should be buying individual stocks, preferrable companies that have strong earnings growth and either pay a nice dividend or are buying shares back at a good clip.
 

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It depends. Depends on how much risk you are willing to take on. If you are risk averse then you should be in conservative mutual funds/bonds/CD's, things of that such and sort. If you are aggressive than you should be buying individual stocks, preferrable companies that have strong earnings growth and either pay a nice dividend or are buying shares back at a good clip.

If you were a beginner so to speak, what 5-7 stocks would you invest in? I have been looking at under armour also...looks like it has potential for a good long term investment stock. Also, would like stocks that are good investment, but doesnt cost $100 per share....would like something fairly affordable per share...

thanks
 

I'm still here Mo-fo's
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Watch Kramer on Mad Money and he'll give you some. He hits, what about 50% or more?

Channeling the investment gods, it's a crapshoot. Woof, Base and others can give you some good ones.

Depends how long or short you wanna go.

I look for leaders in their industry, using different sources including: investors.com, morningstar, marketwatch, investools, marketgrader, marketedge, S&P reports, etc.

Top of their industry, low P/E ratio, increasing profits, and low or NO DEBT, with solid management. Also look for good dividend payers that are continuing to increase their divies year after year.

BEZ, for example was one I rode all year until the correction.

Personally, who knows what's a good bargain? Seems like the fundy managers think the financials have had enough of a haircut and are good value now. Bought em up like crazy yesterday. CATY is one, just rated 5 star by morningstar.

Can't go really too wrong over the long haul with the wide-moat blue chippers, GE would be one.

I'd stay away from energy as it seems to have crapped out.

Defense stocks and Tech outta pull in some decent returns thru the end of the year, but who knows, they may quit dropping the 'copter money and this correction may go on until Nov.

GL, (you'll make more betting on foots by following some of the top notch cappers in here):toast:
 

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