Newman Asset Management Blog

Isn’t an IRA or Roth IRA just a bunch of mutual funds or should I go to Investing 101?
Thanks.

I am trying to find a way to use my Roth IRA money to purchase single home investment property.. Someone told me that I need to find a Finanical institution offer Self Direct IRA in order to do this.. How does it work and who offer such service..

Thanks

Last tax year 2009, I chose to convert 00 of my kids Traditional IRA to his Roth IRA. I understand that the 00 will be taxable to him. However, is the taxable amount considered unearned income to him and now subject to"Kiddy Tax" ?

I’m 34 and want to start a Roth IRA for myself and plan to to contribute the max amount in one contribution each year. I know I want to go with either Fidelity, Vanguard, or T. Rowe. I know very little about investing and would like to feel secure with the investment. I know there are too many funds to choose from and I don’t understand them. Thanks for your suggestions.

I would like to open a roth IRA with Vanguard and I don’t believe that they have any offices in Pittsburgh, PA. I noticed on their web-stie that you can do it easily online but it requires a lot of sensitive information such as account and routing numbers to get money (I am planning on doing max 00) transferred/invested. Can someone assure me that this is normal and safe and that I can set it up online.

Much appreciated!