Relay-Version: version B 2.10 5/3/83; site utzoo.UUCP Posting-Version: version B 2.10.2 9/18/84; site brl-tgr.ARPA Path: utzoo!watmath!clyde!burl!ulysses!allegra!bellcore!decvax!genrad!teddy!panda!talcott!harvard!seismo!brl-tgr!wmartin From: wmartin@brl-tgr.ARPA (Will Martin ) Newsgroups: net.invest,net.taxes Subject: IRA Choice Message-ID: <7510@brl-tgr.ARPA> Date: Fri, 18-Jan-85 12:02:02 EST Article-I.D.: brl-tgr.7510 Posted: Fri Jan 18 12:02:02 1985 Date-Received: Mon, 21-Jan-85 01:48:03 EST Distribution: net Organization: USAMC ALMSA Lines: 16 Xref: watmath net.invest:508 net.taxes:621 Anyone want to offer any recommendations for buying an IRA right now ($2000 lump-sum, possibility of adding more later)? I would think that I should be able to expect about 12% return on investment; it seems like most CD's and other funds are paying much less, though. Nearest I've seen is a 48-month CD at 11.75% from a credit union (but which charges annual fees, which reduce the yield). I've been looking at brochures for bond funds, too. I went ahead and got my wife a "Royal Neighbors of America" annuity for her 1984 IRA, because she wanted it; the organization has been around for many years, and she and her family have long had insurance from them. They said they paid 12% last year. Haven't decided if I should get myself one from them or somewhere else. I've been diversifying each year so far... Will Martin USENET: seismo!brl-bmd!wmartin or ARPA/MILNET: wmartin@almsa-1.ARPA