Originally Posted by IndyCA35
Originally Posted by Burleyboy
Where's the best place to set up an IRA that has no load mutual funds? We have a few different IRA's, one of which is at Edward Jones that my wife had there when we got married. They are constant trying to get my IRAs too but I don't want to pay their 5.75% commission on mutual funds. My wife has already paid it so we don't mind hers staying there.

Much of mine used to be with my employers 401k and was there for 13 years. I'm free to put it in an IRA anywhere I want now. Where would you recommend?

Bb


Just buy the Vanguard Index 500 fund. No load and probably the lowest fees. Index funds have the lowest fees because there is no need to "manage"them. Over a 10 or 20 year period, it's been hard to beat. them for appreciation. Why pay a 1.0% or 2.0% annual fee when you can pay 0.16% or something and get getter appreciation? And front end loads are for suckers.



This.


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