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Ok! I've seen the light and am taking responsibility for my financial future like a true fool. I have opened ROTH IRA's for my wife and me in Ameritrade. I have $2k in each account (I have also rolled over and ROTH converted my other IRA's into Ameritrade in separate accounts as they know cannot be added to). I just logged on to Ameritrade with my new account# and PIN and find myself stuck....I didn't realize I couldn't make a purchase with a set $ amount....rather it seems I must put the number of shares down that I want to purchase. I need help in deciding how to work the Internet purchase screens in Ameritrade to complete the Foolish Four Portfolio strategy. There must be a page describing how to use an online Discount broker to use the foolish four approach with an IRA. If you can point me to a message or web page in this site I would appreciate it.

I am using the Foolish four approach.

Here are some specific questions I need help with:
Since my 2K is divided into 4 equals parts, $500:

(1)How do I purchase 4 equal dollar amounts (or close to equal) of the four foolish stocks when I don't know the price my stock purchase will be made at when the market opens?

(2) ...can I pay the Ameritrade $8 charge per trade outside my ROTH IRA...if not I then have $492 per foolish stock...right?

(3) ....How do I make the purchases without spending more then I have in my account and not leaving too much in cash.....then what do I do with the remaining balance in cash (if there is one) in my ROTH IRA....DO I just leave it until one year later I add $2K more and then re-allocate my Foolish Four???

(4) and lastly (boy will anybody be foolish enough to answer all four questions?) since I am starting my Foolish Four plan in April, my one year anniversary will always be 3 and 1/2 months into the year...before I add another $2000 to the foolish four....and I will be loosing 3and1/2 months of compounding power. Any way to stop this from happening (maybe starting again in January 9months later with another 2K and reallocation of the foolish four?

Your thoughts on these questions are much appreciated.

Thanks for all your help. I can't wait to get started.
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