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doctorbonez

Registered: Aug 2011
Posts: 11

04-26-12 04:48 AM

I opened a SEP IRA for my wife on advice from my accountant because she was a contractor for a few months before finding a permanant position.

There is a high likelihood we will never touch this account again (ie: no regular contributions, assuming she wont be a contractor again)

Thus I was wondering if anyone here had any ideas as to the best investment vehicle to put this money into? With such a small principal, transaction costs are a huge factor (this is @TDA).. I was considering dividend stocks, but im going to have small amounts of cash sitting around that I wont be able to do anything with. Maybe a few shares of a growth stock? Use it for speculation?

we're both in our mid 30s and we've already got a decent IRA/Roth IRA (ive been contributing maximum since college), so it wont be sorely missed if I speculate it to zero (it will be like uncle sam funding my investing)

Thoughts welcome!

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Zr1Trader

Registered: Dec 2010
Posts: 1540

04-26-12 05:19 AM

Go buy $1300 dollars worth of US nickles and hang on to them for a good while.

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TheGoonior

Registered: Oct 2009
Posts: 832

04-26-12 05:34 AM

There are a bunch of ETF at TDA that trade commission free, so you can be 1 share at a time.

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Handle123

Registered: Aug 2007
Posts: 1037

04-26-12 05:36 AM

If you are not going to be adding to this account, I think dividend stocks be the way to go like AFL and PG. But with the stock market making a possible top soon, might be best to wait for a huge pullback first so you get to buy more shares.

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jys78

Registered: Mar 2012
Posts: 6

04-26-12 03:09 PM

Whatever you do, DON'T buy ANY kind of leveraged ETF (2x, 3x, long, short, doesn't matter) with funds you do not intend to touch.

These products track over very short time frames e.g. 1 day and are suitable only for very short term trading.

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tenthousandmen

Registered: Dec 2011
Posts: 728

04-26-12 03:26 PM

why is no one recommending futures

he can do it

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