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Strategies & Market Trends : Roth IRA ideas
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To: Michael G who wrote (95)4/8/1998 9:27:00 PM
From: vegetarian  Read Replies (2) of 388
 
Michael,

Thanks for sharing your research on opening an IRA account.
The only concern that I have with deep discount electronic brokerage houses like Etrade, Datek, Ameritrade is: what might happen to them if and when the market turns bear; will many of them (that have mostly mushroomed in a long-standing bull market) be still financially viable on a serious down turn? in that case a larger house like Fido, Schwab etc, although costs more per trade, may be a better bet.
Would like to hear your thoughts on that.
If stability of the brokerage is considered important, then Fidelity seems to be offering an attractive trading price-schedule with options etc...

Thanks and regards
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