...Today I am meeting him for? lunch and possibly write a $5,000 check to his bank (PNC investments) to get started in a Roth IRA. The problem is that I have not done my homework on this subject, so I'm wondering if I will be getting a good deal. Some thoughts that come to mind are:
1) Can I transfer to another Roth IRA without penalty if I decide to change my mind at any time?
2) I will likely be charged a commission. What is a good rate on a commission? When do I know I am being charged too much?
3) Would I be better off investing in a big online company like ETrade or Vanguard?
1) Can I transfer to another Roth IRA without penalty if I decide to change my mind at any time?
2) I will likely be charged a commission. What is a good rate on a commission? When do I know I am being charged too much?
3) Would I be better off investing in a big online company like ETrade or Vanguard?