I know how you feel. I just went through the same scenario and decided to keep my IRA in an
S&P index fund due to the fact that the commissions would chip away at the compounded growth.
I maintain a 401K at work, keep the IRA in the index fund, and do some DRiP investing in a few
Dow blue chips. Though the Foolish Four is an excellent approach to investing, I'd rather pay the
.40% a year on the index fund than loose money from the account due to commissions. If you come
accross any new info, please keep me posted. Good Luck.
Alan

Why not use the UV2 approach in the first few years of opening your IRA?? Since it has a proven track record (it only lost money in 2 of the last 27 years) it should do well and keep your expenses low enough until you build up enough dough...Then you can switch over to the FF4 approach.

Mike