How to Manage a Growing IRA: Investment Portfolio Options
As you continue to invest and grow your retirement account, it is essential to keep an eye on the performance of each investment. While there can be some overlap among different types of investments related to your overall portfolio strategy, it's still helpful to know what options are possible for IRA assets.
Let's look at three more options here of investment types and how they can fit into your IRA portfolio.
Stocks
Stocks are a popular choice for IRA accounts because they provide an opportunity to earn higher returns in the long term. In addition, a stock represents partial ownership of a company. You can purchase them through your broker just like any other investment asset, which means there is no tax penalty when it comes time to withdraw money from retirement accounts.
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