So, I just decided to start planning for my future (at 29). USAA handles most all of my finances (banking, insurance, credit card). Since all of that is on a single platform, I started a Roth IRA and a Non-IRA through USAA. I understand it is a bit pricier trading on USAA (commission fees) as opposed to something like Robin Hood. I didn't consider anywhere else until I already opened the USAA accounts.
My questions right now are what are benefits to using USAA for my non-IRA over Robin Hood or the like?
My Roth is for retirement, and I will be putting the maximum into it each year. I opened the Individual non-IRA as a sort of extra/more immediate source of investment income. Was this a good idea if I can max out my IRA contribution?
I really have no idea what I'm doing, but I know I will learn over time. I don't mind taking risks, so I kind of just jumped right in. Do I need to contact a financial adviser if I'm not spending large amounts of money?
I probably won't be investing more than 3k a year in to the non-IRA. Is it worth it to keep it as an extra investment/source of income?
Thank you in advance! Like I said, no idea what I'm doing. Just throwing extra money around here and there instead of the entire amount sitting in savings account.
Submitted May 15, 2017 at 05:22AM by sexybait http://ift.tt/2rgP9E0
