3 Great Stocks for Your IRA
IRA accounts may not seem like the most powerful retirement accounts, with current annual IRA contribution limits set at $6,000 plus an additional $1,000 for those 50 and older. But they can be surprisingly robust wealth-building machines.
It helps, of course, to have your IRA invested in securities that are likely to grow at a good clip. A fine option for most of us is a simple broad-market index fund that will deliver roughly the same return as the overall market -- which has averaged annual returns of close to 10% over long periods. Many sport super-low fees and are easy to get in and out of.
If you want to aim for even more growth, though, you might include some carefully chosen individual stocks in your IRA portfolio as well.
Source Fool.com
