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3 Great Stocks for Your IRA

TheMotleyFool

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Individual retirement accounts (IRAs) are an excellent tool for investors to grow their retirement savings. You can watch your stocks compound in value over time and not have to worry about paying taxes on dividends or capital gains.

While some investors like to fill their IRA with dividend stocks to take advantage of the tax savings on income, an IRA is just as useful for growth stocks, since you won't have to worry about a massive tax bill after years of holding a compounding machine.

Whether you're looking for growth or income -- or perhaps both -- you might want to consider Berkshire Hathaway (NYSE: BRK-A) (NYSE: BRK-B), Take-Two Interactive (NASDAQ: TTWO), and Charles Schwab (NYSE: SCHW).

Source Fool.com

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