Reply to I get stumped by the income limits on the investments

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[quote=Anonymous][quote=Anonymous]Thanks PP. That is the other issue. I can certainly contribute more than 5/10 grand a year. So can point me to any specific names where I can contribute more?[/quote]

Lots of people will be happy to take your money.  If you want to invest mostly in mutual funds (which are bundles of investments) or ETFs (which are not much different, basically an artificial stock made up of a bunch of other investments) then the easiest thing to do is pick a fund family that you like-- a lot of people like Vanguard because it has the lowest fees, but T Rowe Price or Fidelity aren't bad if you want to have some "managed" funds (where someone picks stocks for you vs. index funds that hold a set of stocks meeting a criteria)-- and open an account with them.  It might be called a mutual fund account or a brokerage account, or a taxable account, or some made up name they have. You can also go to Schwab and open a brokerage account with them and buy mutual funds there, but you may pay transaction fees if you want, say, a Fidelity fund.

IIRC, you can call Schwab, and maybe Fidelity, and say "I have 150k to invest, what do you suggest" and for free, or a small fee, they'll give you ideas.  Or you could check out bogleheads-- a forum for fans of low cost DIY investing, esp. through Vanguard and see what they say.[/quote]

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