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I've been trying to set up an IRA to rollover my 401k to, but I'm getting bombarded and terribly confused with all the services that are out there! So please help! My questions are as follows:

1. Should I use a full-service firm like Vanguard, or use a discount brokerage like Ameritrade? Any suggestions?

2. I'm 24, and I have about $2000 that I probably won't touch for the next five years or so... A friend of mine suggested I invest in tech., biotech and telecommunications mutual funds. Is this too risky? Or is it ok?

That's all for now. Thanks in advance!!!
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