“Should I invest in CDs or a Roth IRA?”
31 Comments- Get free updates of new posts here
[Update]: See below for some great (and controversial) comments debating my stance that bonds are not for young people.
I am a recent college graduate and I want to put the little money I have saved (approx $3,000) into something that will give me good returns over the years. Would you suggest I get CDs or a Roth IRA?
The two are very different.
A Roth IRA is an investment account, but once you get it, you have to put money in it and invest. You can read all about it on my article The World’s Easiest Guide to Retirement Accounts.
A CD is a type of investment, which you can buy inside (or outside) of any investment account. And if you’re wondering what I think about CDs/bonds…
To post this image on your blog, MySpace, etc:
Next month, I'm heading into my studio to record a whole new series of videos for you. My goal -- ...Read More
Hi, I’m Ramit Sethi, and I’m going to show you how to make more money. Legitimately (I’m ...Read More