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Personal Finance 6d
So I have a Roth IRA but still looking for work. What should I put into for starting off.
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6
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Anonymous 6d

VOO, QQQ, SPY

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Anonymous 6d

You cannot contribute to an IRA if you don’t have an earned income FYI

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Anonymous 5d

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Anonymous replying to -> #1 6d

You know the difference between dollars and shares? Does that matter in the context of investing

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Anonymous replying to -> #2 6d

Going off of that…if your earned income is less than the IRA max, you are actually limited to your amount of earned income

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Anonymous replying to -> OP 6d

I’m not sure I understand your question. Most brokerages will let you buy fractional shares so if you have less than the value of 1 share of an etf you can just buy partial shares. If you get paid dividends on a stock/etf and set it to reinvest you’ll have partial shares. Any increase in value of the share price will be directly proportional across partial shares. Think %

upvote 4 downvote