05-22-2007, 02:42 AM
I'm already doing some piecemeal investing at a couple of different brokerages, and have a ROTH IRA at my bank and an online savings account, etc. Since I do some contracting on the side, I'm looking at ways to reduce my taxable income so I don't have to pay out the wazoo on self-employment tax, like I have the past couple of years.
I've decided to setup an SEP IRA, and after doing some research, it seems like all the big brokerages that I've looked into have options for that type of account, so I'm considering starting to consolidate my investments/retirement planning into one brokerage so things are a little easier to manage.
There are, however, lots of apparently good options for brokerages, and I can't decide which is going to be the best fit, 'cause they all seem very similar. Between those listed below, are there ones that anyone here would suggest I stay away from or ones that would be good to use? I don't like fees, but that is probably unavoidable, but beyond that, I don't have much preference. Here they be:
Schwab
Fidelity
Vanguard
T-Rowe Price
TIAA-CREF
Any suggestions or personal experience that anyone wants to share?
I've decided to setup an SEP IRA, and after doing some research, it seems like all the big brokerages that I've looked into have options for that type of account, so I'm considering starting to consolidate my investments/retirement planning into one brokerage so things are a little easier to manage.
There are, however, lots of apparently good options for brokerages, and I can't decide which is going to be the best fit, 'cause they all seem very similar. Between those listed below, are there ones that anyone here would suggest I stay away from or ones that would be good to use? I don't like fees, but that is probably unavoidable, but beyond that, I don't have much preference. Here they be:
Schwab
Fidelity
Vanguard
T-Rowe Price
TIAA-CREF
Any suggestions or personal experience that anyone wants to share?