[net.invest] IRA's

barbaral@sri-unix (09/14/82)

Has anyone put money into IRA's?  If so, I'd be interested in what type
of IRA you
are doing.

alanj (01/27/83)

I set up my IRA last year with a nationally known brokerage house.
I chose that route so that I would have a "self-directed" account
and could pick and choose investments.  Last year, not having much
time for detailed study, I picked simply picked one from their
recomended list.

This year, having more time and interest, I have been looking around
more.  Much to my dismay, it seems their recommended list
is rather cut-and dried.  If I want to invest in something else,
I have to get special dispensation from the custodian (an east coast
bank & trust).

I can still set up a second IRA, but will end up with two sets of
maintenance fees, etc.

Anybody out there know of any firms offering TRULY self-directed IRAs?

Thanks
	Alan Jeddeloh