I have a summer job that pays 7.25/h. Working 5 hour shifts, 5 days a week, with possibly working into the fall semester at school I would really want to begin investing... preferably with an IRA.
I'm confused as to which brokerage would best suit my needs. I'm not making a lot of money, nor do I have much to initially pay if I open up an IRA, regardless whether it's a traditional or Roth. I could probably surrender $50 a month.
I also have $43k of student loans with variable interest rates, and I have two more college years left, plus graduate school (hopefully physical therapy school!)
Anyways, if any college students/financial people here have input, I'd GREATLY appreciate it. Apparently when I turn 21 I will receive some international index fund from a relative who has died...not sure what I'll do with that or how much is invested. Thanks guys.