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Investing in 1 stock for entire IRA
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Just opened up a ROTH IRA (have my 401k and some money in the market already) after everyone telling me it’s a must. No taxes on a withdrawal 30 years from now sounds nice.
Anyway, can’t be too risky with this portfolio ... so my thought was invest it in something which can only grow and has a minimal risk of failing.
Do I just take the $500 it gets every month and buy fractional shares of AMZN for the next 30 years?... MAYBE 50-50 or with google?
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- 4 years ago
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