4 Growth ETFs to Buy with Your $6,000 IRA Contribution for 2020
It's almost the time to plan for your annual IRA contribution. Technically, you do have until April to make a tax-deductible IRA contribution for tax year 2020, but you might have the cash for that contribution soon -- thanks to a year-end bonus or a generous holiday gift from Grandma. If you need some inspiration to convince you to funnel that cash windfall into your IRA, here are four growth exchange-traded funds (ETFs) that can help you reach your retirement wealth goals.
If retirement is more than 20 years away, you can afford to be somewhat more aggressive with your investment choices. That's assuming you can stomach some extra volatility. As long as you can hold on and enjoy the ride, exposure to smaller, younger companies gives you a shot at impressive returns.
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Source Fool.com