I'm On My Way

The $25 for my IngDirect Roth account has finally been drafted from my bank account.  Right now it is only in a money market account since I haven’t decided on a mutual fund yet, but that $25 sure did look good.  I guess I’m just happy because I finally took that first step.  When I was trying to decide on a fund I asked an older, very distinguished friend of mine about Roths and Traditional IRAs.  He told me he didn’t have a Roth, he preferred traditional because of the tax advantages for the present.  Then I was tempted to start a traditional retirement account, but only for a second, because I don’t mind suffering a little bit if I can reap the returns in the future.