I have the 401k through Merrill Lynch. I plan on rolling over into an IRA so that the taxes are deffered. I am just wondering if anyone knows of a good IRA out there that has been steadily growing. As they are market based, some do better than others.
If you haven't talked to a broker at Merrill Lynch yet, do that and ask them all the questions you can think of. I really have no interest in such things, so I don't pay much attention to that stuff. My account makes pretty good money and I am happy, so I let them keep doing what they do.
All I really remember about picking the funds was that the broker wanted to get a feel for how much risk I was interested in taking. Higher risk funds pay better returns, but can take bigger losses. I ended up in a moderate risk group of funds that they advised me would be good. It has worked out well for me. I lost some money a few years ago when the stock market was way down, but I made it back and over time and I have made a nice profit. Every couple of years they like to talk to you again and make sure everything is still what you want.
