roth with USAA?

[cbackous]

i was wondering if anyone here has a IRA with USAA or has any info on them. they seem to have some good funds, and their index funds have a pretty low expense ratio. any information would be helpful.

 

[domingo3]

I don't have my Roth with USAA. Going with USAA is certainly not a bad choice. They are a fine company, and their funds are decent. There are companies that I would definitely avoid, but USAA is far from being on that list. I prefer to invest with investment companies such as Fidelity, T Rowe Price, or Vanguard. I do, however, do all my banking and insurance with USAA.

 

[JTH]

I use a USAA Roth IRA brokerage account over at the EFT Talk forum. I did a review of USAA over there.

As for their index funds, they don't interest me as a trading vehicle and the quantity of volume can be low. But I would say they are a fair value and track well with their goals. They do let you setup monthly allotments with the USAA funds without incurring any trading cost, but I'm not sure how long you have to wait before you can sell it.

My review can be read over at EFT Talk, best of luck

http://www.etftalk.com/forum/forumdisplay.php?f=37

 

[Pill]

I use USAA for everything, however Vanguard and Fidelity are much cheaper when it comes to expense ratios. The down side with the two is it costs about $3,000 to open a account. With USAA you can do it with $50 increments I believe.

My experience with Vanguard has been excellent and I will continue to use them for my outside TSP investing.

But compare the ratios between the USAA and Vanguard and see how much more you will have after 30 years investing. That will answer your question. You will be surprised in the difference.

 

[roskopfm]

consider a Vanguard index fund, fees are the lowest you can find. Some as low as 0.15% total fees