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I am not happy about only having the ten or so ml funds to chose from, and i think for the time being ira's might be a good option.

It depends on what funds. If you put in $3000 into an IRA (Roth or Traditional), you probably can only select 3 funds ($1000 ea) and some brokerages charge account maintenance fees for balances under $10k. You may have a larger pool to choose from, but your chances of landing the big fish gets smaller.

If the 401K plan offers a diverse 10 funds which have strong track record and positive potential, they are worth considering. Don't discount them until you have researched them. Look into the Mutual Fund board to learn some tips for how to evaluate funds and then apply the knowledge to the 401K plan.

In other words, don't take our word for it - do your own research. That is the real trick to investing.
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